On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]
Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, told the BBC that inflation is pushing up its costs and did not rule out raising prices. CFO Wendell Huang said the company [...]
A top Federal Reserve official said Monday that the impact of President Donald Trump’s trade war on prices would be “transitory,” echoing a term that central bankers and Biden administration off [...]