Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.
All posts in Trade and tariffs
U.S. Inflation Rises 2.9% in August: Food and Gas Prices Lead the Surge
The August inflation data overlaps with President Trump’s latest round of tariffs on major U.S. trading partners. But while the direct impact is up for debate, beef’s surge suggests tariffs may already be filtering into consumer prices.
Russia’s Crude Oil Exports Stay High — But Flows Shift Sharply Toward Asia
Despite sanctions, Russia’s crude oil exports remain steady. Trade flows have pivoted from Europe to Asia, with China and India now the top buyers. India’s growing imports—and its refusal to join Western sanctions—have triggered steep new U.S. tariffs.
America’s Tariff War Deepens as Dozens of Countries Brace for Revised ‘Reciprocal’ U.S. Tariffs
After months of negotiations, pauses, and delays, a sweeping new tariff slate took effect Thursday—marking a new era in U.S. trade policy, with import rates reaching their highest levels since the Great Depression.