Treasury Secretary Bessent: Trump Tariffs Won’t Raise Inflation; China Will ‘Eat’ Tariffs, Mexico and Canada Could Follow
The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.
Category: Financial Education
Sen. Klobuchar mourns slain Minnesota Democrat Melissa Hortman as manhunt for suspect continues
Sen. Amy Klobuchar said that authorities believe the suspect could still be in the Midwest.
Canada Moves to Tackle Unfair Steel and Aluminum Trade With Tariffs as Carney Pushes for Quick U.S. Deal
The Canadian prime minister's announcement came after President Trump doubled tariffs on imports of steel and aluminum to 50% earlier…
NATO Allies Pledge 5% of GDP for Defense—But Will They Deliver?
NATO meets for its annual summit this week, with allies being pushed and shoved to sharply increase their defense spending…
Trump shrugs off July tariff deadline: “We can do whatever we want” as tariff pause nears end and EU talks stall
Trump's answer appeared to correspond to the date when his self-described reciprocal tariffs on many nations are set to return…
Canada Withdraws Digital Services Tax as Trump Ends U.S. Trade Talks
The move comes after U.S. President Donald Trump announced over the weekend that he will be "terminating ALL discussions on…
House Republicans subpoena Brown and Penn in Ivy League antitrust probe over tuition pricing and aid practices
The probe was first launched in April, but the universities' responses were deemed "inadequate."
Trump Announces 50% Tariff on Copper Imports, Effective August 1, 2025, After National Security Assessment
Trump wrote on Truth Social that he made the decision after receiving a national security assessment.
EU leaders unite in talks as Trump imposes 30% tariffs on EU and Mexico, signaling possible countermeasures if no deal by Aug. 1
European leaders sound off on the 30% tariffs U.S. President Donald Trump threatened to impose on the trade bloc.
Judges reject Trump’s pick for New Jersey U.S. attorney; DOJ removes the interim successor
The U.S. Justice Department accused a panel of New Jersey federal court judges of political motives for declining to permanently appoint President Donald