US President Donald Trump said he had an “amazing meeting” with Chinese President Xi Jinping and would reduce fentanyl tariffs from 20% to 10% effective immediately https://t.co/uzeWzXVnJX ...

I'M GADI SCHWARTZ IN LOS ANGELES. LET'S GO LIVE NOW TO BUSAN, SOUTH KOREA, WHERE PRESIDENT TRUMP IS ABOUT TO HOLD A FORMAL MEETING WITH CHINESE PRESIDENT XI JINPING. THEY'VE BOTH ARRIVED AT JIM HI INTERNATIONAL AIRPORT.YOU CAN SEE THEM SHAKING HANDS NOW. IN A FEW MOMENTS, THEY'RE GOING TO GO INSIDE THE AIRPORT'S VISITOR LOUNGE FOR THEIR MEETING. THE TWO LEADERS ARE EXPECTED TO DISCUSS MOVES ON TARIFFS FIGHTING FENTANYL, ACCESS TO RARE EARTH MINERALS.IT COMES AMID THE PRESIDENT'S LOOMING NOVEMBER 10TH DEADLI ...

I'm here in Kungju, South Korea with the president on his trip to Asia. And we're witnessing a really interesting Trump tactic in the works. The president is quite literally threatening tariffs in order to not just broker money deals, but broker peace deals.It's like his own game he's learned of international deal making. Move the goalpost so that he can notch a win on his own terms. Sometimes creating the goalposts out of thin air.For example, in his apex speech, Trump said that he threatened cutting off t ...

Hundreds of American enterprises are throwing their weight behind the petitioners in the case against President Donald Trump’s “reciprocal” tariffs. We Pay the Tariffs, a grassroots coalition made up of over 700 small and medium-sized businesses spanning a range of industries, has filed an amicus curiae or “friend of the court” brief ahead of next week’s Supreme Court hearing on the legality of Trump’s International Emergency Economic Powers Act (IEEPA) tariffs, speaking to the economic impacts that the d ...

JUST IN: 🇺🇸🇰🇷 South Korea agrees to pay $350 billion to the US to lower tariffs. ...

Accessibility StatementSkip Navigation CLEVELAND, Oct. 29, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its third quarter of 2025. Q3 2025 highlights compared to same quarter last year: Net sales in the third quarter of 2025 were $178.1 million compared to $147.0 million in the third quarter of 2024, a 21% increase. PLP-USA continued its strong 2025 performance as both energy product and communications end-market sales contributed to the increase. ...

Higher tariffs are pushing up prices in some categories of goods, resulting in higher overall inflation. A reasonable base case is that the effects on inflation will be relatively short-lived, a one-time shift in the price level. But it is also possible that the inflationary effects could instead be more persistent.And that is a risk to be assessed and managed. Our obligation is to ensure that a one-time increase in the price level does not become an ongoing inflation problem. In the near term, risks to inf ...

much Liza Schley with ABC News. Uh what is your explanation for why the job market is weakening right now and what will this rate cut do to improve the job market. >> So the I think the um there are two things affecting the job market and one of them is just a dramatic reduction in the supply of new workers.So, and that's two things. That's uh declining labor force participation, which is a cyclical thing. And then there's declining immigration, which is just a big policy change that actually began in the l ...

much Liza Schley with ABC News. Uh what is your explanation for why the job market is weakening right now and what will this rate cut do to improve the job market. >> So the I think the um there are two things affecting the job market and one of them is just a dramatic reduction in the supply of new workers.So, and that's two things. That's uh declining labor force participation, which is a cyclical thing. And then there's declining immigration, which is just a big policy change that actually began in the l ...

Core Inflation Insights - Core inflation remains at 3%, with some components coming in lower than expected [1][2] - The inflation rate excluding tariffs is estimated to be around 2.3% to 2.4%, which is close to the 2% target [5][6] Goods and Services Inflation - Goods prices are increasing due to tariffs, contrasting with a long-term trend of mild deflation in goods [3][5] - Housing services inflation is decreasing and is expected to continue this trend, which is a positive sign [3][4] - Non-housing services inflation has been stable but does not provide significant signals about economic tightness [4][9] Labor Market and Economic Policy - The labor market is not perceived as overly tight, which reduces the risk of persistent inflation [7][10] - Current monetary policy is described as modestly restrictive, contributing to a gradually cooling economy and labor market [10][11] Future Inflation Expectations - There is a commitment to return inflation to the 2% target, with market surveys indicating credibility in this commitment [11]