
A 90-day freeze on sweeping U.S. tariffs is set to expire on July 9, sowing economic uncertainty as the Trump administration works to revamp the terms of global trade.
The stakes for millions of U.S. consumers and businesses are high. Economists warn that the barrage of import duties announced on April 2, which President Trump called "Liberation Day," could trigger another bout of inflation, put smaller companies out of businesses and dent financial markets.
As next week's deadline approaches, the Trump administration has touted new trade...
Continue reading...The stakes for millions of U.S. consumers and businesses are high. Economists warn that the barrage of import duties announced on April 2, which President Trump called "Liberation Day," could trigger another bout of inflation, put smaller companies out of businesses and dent financial markets.
As next week's deadline approaches, the Trump administration has touted new trade...