American Marconi Wireless News - Economy (English)

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Featured

Stocks, dollar hit as Trump admits costs of 'beautiful' trade blitz

Stocks, dollar hit as Trump admits costs of 'beautiful' trade blitz

Jitters about US tariffs hammered stocks and the dollar again Friday as President Donald Trump acknowledged the costs from his rollercoaster trade offensive but predicted a "beautiful" ending.

Despite Trump pause, overall US tariff rate at highest in a century

Despite Trump pause, overall US tariff rate at highest in a century

US President Donald Trump's delay of steeper tariffs may have won brief respite on Wall Street, but analysts say his actions -- which hit China especially hard -- already bring the average US effective tariff rate to its highest in over a century.

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