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The United States will resume trade negotiations with Canada immediately after Ottawa scrapped its digital services tax targeting U.S. technology firms, White House economic adviser Kevin Hassett said on Monday.
Jason
Federal Reserve Bank of Atlanta president Raphael Bostic said tariffs may cause an incremental impact on prices instead of a one-time bump, which could result in more persistent upward pressure on inflation.
Devin
The White House will likely ask more countries to drop their digital services taxes as part of ongoing trade talks.
Daniel Carter
The EU's trade chief heads to Washington this week to negotiate a fair deal and avoid higher U.S. tariffs ahead of a July 9 deadline, while firmly rejecting any changes to the EU’s tech laws amid U.S. pressure.
Warren Takunda
It’s a widely held belief among economists that President Donald Trump’s tariffs will boost inflation notably over the next few months. But muted price increases so far have called that assumption into question, emboldening the White House and opening up divisions at the Federal Reserve.
Thomas
Bitcoin price action slides between increasingly thick walls of exchange order-book liquidity with just hours to go before two key candle closes.
Warren Takunda
Lee Jae-myung has nominated 17 out of 19 ministers – and two of them were part of the Cabinet of his impeached predecessor.
Daniel Carter
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