Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.
All posts tagged US economy
Why the U.S. trade deficit remains large despite tariffs and reshoring
The deficit has eased from its 2022 peak, yet imports still far exceed exports as strong consumer demand, a strong dollar, and supply chain shifts sustain a record-era trade gap.
Trump threatens 10% tariffs on eight NATO allies amid Greenland dispute
President Donald Trump said the U.S. will impose a 10% tariff on imports from eight European countries starting February 1, tying the move to opposition over Greenland.
U.S. inflation sticks at 2.7% as grocery prices post biggest jump in three years
U.S. food inflation has cooled sharply from its pandemic-era peak — but the latest data come with an unusual warning label.