A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. semiconductor manufacturing and reduce reliance on foreign-made computer chips, will “sharply increase production’’ of semico
Experts said a December surge in Chinese imports as anticipated tariff hikes pushed traders to accelerate shipments out of China.
Alan Wolff, Peterson Institute for International Economics distinguished visiting fellow, joins 'Squawk Box' to discuss Carter's presidency and where the U.S. is now relative to before his time in office.
CHIPS and Science Act will “sharply increase production’’ of semiconductors in the United States. But it will do so at a high cost, concludes a report.
Co. was sued by the US Transportation Department for allegedly violating rules that require airlines to set and meet realistic flight schedules. The carrier was responsible for “unlawful chronic flight delays” that disrupted passengers’ travel plans,
It'll take time for Trump's tariffs to be implemented, but goods could still start getting more expensive in the meantime.
President-elect Donald Trump’s quest to buy Greenland from Denmark could make Ozempic and Wegovy, the weight-loss and diabetes drugs exploding in popularity, even more expensive for Americans.
President of Mexico, Claudia Sheinbaum, has publicly countered Trump's threats of mass deportations and tariffs. Will that hold come Jan. 20?
Countries and businesses around the world will be watching to see just how quickly President-elect Donald Trump imposes new tariffs and just how steep they may be. News Hour special correspondent and Washington Post columnist Catherine Rampell reports on how some companies are already preparing.
Mary Lovely, Peterson Institute for International Economics Senior Fellow, weighs in on the US Supreme Court upholding the law that threatens a TikTok ban and shares that she does not think China will allow TikTok to be sold,
That could prove to be the case with President-elect Donald Trump’s economic policies. In his first term, sweeping tax cuts preceded the imposition of selective tariffs. That meant the economy already had solid momentum when the negative impact from trade disruptions hit.
Early in his 2024 campaign, the brash builder not only proposed unleashing domestic energy production but also promised to construct ten new “freedom cities” on federal land to “reopen the frontier” and “reignite American imagination.