President Donald Trump has moved to cut U.S. fentanyl-related tariffs on Chinese goods in half, following last month’s in-person meeting with China’s leader Xi Jinping in South Korea.
Online retail giant Amazon will eliminate roughly 14,000 corporate positions in a sweeping restructuring effort aimed at cutting bureaucracy, flattening management layers, and redirecting resources toward artificial intelligence (AI) and other long-term initiatives.
As trade tensions between the United States and Communist China intensify, President Donald Trump’s administration has called on the International Monetary Fund (IMF) and World Bank to take a tougher stance against Beijing’s economic manipulation and preferential treatment within global financial institutions.
The U.S. economy added almost one million fewer jobs in the year leading up to March 2025 than previously reported, according to new data from the Bureau of Labor Statistics (BLS).
The U.S. economy expanded at a stronger pace than initially reported this spring, according to revised government data released Thursday.
President Donald Trump’s sweeping tariffs on foreign imports could slash the federal deficit by as much as $4 trillion over the next decade, according to a new estimate from the Congressional Budget Office (CBO).
President Donald Trump has narrowed his choices for Jerome Powell’s replacement as the next chair of the Federal Reserve.
The U.S. economy experienced a sharp recovery in the second quarter of 2025, with GDP growing 3 percent under President Donald Trump’s economic policies.
The National Economic Council’s data reveals that President Donald Trump’s first six months in office have created a strong economy.
President Donald Trump on Monday announced a bold new escalation in his administration’s trade strategy, unveiling 25% tariffs on imports from Japan and South Korea in a move aimed at reshoring U.S. manufacturing and countering unfair trade balances.