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Inflation is lower than expected after President Trump’s steep levies. (The rest is behind a pay wall.)

Leftist Canadian Prime Minister Mark Carney admitted this weekend he had apologized to President Donald Trump in person during their mutual attendance at events related to the Asia-Pacific Economic Cooperation (APEC) summit in South Korea last week. Carney made the apology over an advertisement produced by the provincial government of Ontario and airing in the United States, using the words of former President Ronald Reagan to oppose American tariffs on Canadian goods. Omitted from the ad was the fact that Reagan’s speech was, in fact, an announcement of the imposition of tariffs on Japan and that, while Reagan opposed tariffs...

Gyeongju, South Korea – United States President Donald Trump and Chinese President Xi Jinping have agreed to call off a mutual escalation in their countries’ trade war, lowering the temperature in a heated confrontation that has threatened to upend the global economy. Trump and Xi sealed a one-year trade truce on Thursday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea, where the two leaders met face-to-face for the first time since 2019. But while Trump and Xi’s agreement offered a reprieve to businesses unsettled by months of back-and-forth trade salvoes, it did little to roll...

Here's a look at how US tariffs on Chinese goods have changed during President Trump's second term so far. February: Trump imposes a 10% tariff on Chinese goods due to what he said was the flow of the drug fentanyl to the US. March: The president adds another 10% tariff on goods from China, accusing it of not doing enough to address the fentanyl flow to the US. April: Trump adds a 34% levy on all Chinese imports as part of his sweeping "Liberation Day" tariffs. This brings the total to 54% on Chinese goods. This is on top of...

The Senate passed a resolution Tuesday aimed at ending President Donald Trump’s tariffs on Brazil, with five Republicans joining Democrats in a rare bipartisan rebuke of the president over trade policy. Sens. Rand Paul, Thom Tillis, Susan Collins, Lisa Murkowski and former Senate GOP Leader Mitch McConnell sided with Democrats in the 52 to 48 vote. McConnell has long been critical of Trump’s trade policy, and said in a statement ahead of the vote, “Tariffs make both building and buying in America more expensive. The economic harms of trade wars are not the exception to history, but the rule.” The...

America’s labor market is flashing red, and the Federal Reserve is watching the light change instead of hitting the brakes. Job openings have fallen to 7.26 million, the lowest level in 4½ years. Private-sector hiring has turned negative, with September’s ADP data showing -32,000 jobs after August was revised down to -3,000. Employers’ plans to add workers have plunged 71% from last year, and year-to-date hiring announcements are the weakest since 2009. The Fed must move decisively by cutting rates 50 basis points in both the October and December meetings to prevent further deterioration in employment and restore confidence to...

Consumer prices rose less than expected in September, government data showed Friday, clearing the path for further rate cuts from the Federal Reserve and suggesting that tariffs are not weighing on household budgets. The consumer price index increased 0.3 percent last month, down from the 0.4 percent in August. Economists had forecast a 0.4 percent increase. Compared with a year ago, consumer prices are up 3.0 percent, slightly below the 3.1 percent forecast. Core prices, a metric that excludes food and energy prices, rose 0.2 percent, below the estimate for 0.3 percent. Over the past 12 months, core prices are...

The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs. The ad was for $75,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts. TARIFFS ARE VERY IMPORTANT TO THE NATIONAL SECURITY, AND ECONOMY, OF THE U.S.A. Based on their egregious behavior, ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED. Thank you for your attention to this matter! President DJT

Donald Trump and Xi Jinping are due to meet in South Korea next week. However, it is uncertain whether they actually will. Such is the shocking state of the world’s most important relationship. For weeks, America and China have been lashing out at each other. America has tightened tech-export restrictions and threatened higher tariffs; China has wielded sanctions and restrictions on rare earths. The two sides communicate poorly. In the White House there is a belief that America has the upper hand in this test of nerves and pain-tolerance. Scott Bessent, the treasury secretary, says China is “weak”. But the...

The beef industry is battling multiple challenges: a prolonged drought across key cattle states, record‑high feed costs and the smallest U.S. cattle herd in 75 years.Beef prices in the United States are at record highs heading into the holiday season — and tariffs aren’t the only reason. At Oak Barn Beef in West Point, Nebraska, family tradition runs deep. Owner and operator Hannah Klitz is a fifth‑generation cattle producer. Alongside her husband, she sells farm‑to‑table beef to the local community and ships products nationwide. "Quarter four is normally our busiest quarter, just because of all of the gifting — and...

President Trump’s aggressive use of tariffs has secured overwhelming support among Republican voters, according to a new Economist/YouGov poll, cementing a dramatic transformation in conservative economic thinking that would have been unthinkable a generation ago. The survey, conducted Oct. 17-20, found that roughly two-thirds of Trump voters and Republicans support maintaining or increasing current tariff levels — a striking endorsement of trade policies that the party’s establishment once uniformly opposed. Among conservatives, 62 percent support maintaining or increasing current tariff levels. Even more remarkably, 59 percent of Trump voters back imposing a 100 percent tariff on all goods imported from...

American Whiskey Association President and CEO Michael Bilello joins 'Mornings with Maria' to discuss how tariffs and shifting consumer trends are impacting U.S. whiskey exports. 'American Whiskey will go global': CEO defies tariffs, bets on worldwide growth | 5:08 Fox Business Clips | 45K subscribers | 3,421 views | October 20, 2025

Coffee prices have risen 20% since last year because of inflation and amid tariff disruptions to traditional supply lines, exemplifying a broader rise in grocery prices across the board. Key FactsCoffee prices have risen more than 20% since August last year, according to the Bureau of Labor Statistics.Last month, prices for coffee futures reached a record high in the Intercontinental Exchange in New York after Brazil’s crop agency, Conab, cut its 2025 arabica production forecast by 4.9% to 35.2 million bags.In July, President Donald Trump imposed tariffs of 50% on Brazil and 20% on Vietnam, the two countries that together...

"Our movie making business has been stolen from the United States of America, by other Countries, just like stealing candy from a baby," President Trump said in a Truth Social Post. "California, with its weak and incompetent Governor, has been particularly hard hit! Therefore, in order to solve this long time, never ending problem, I will be imposing a 100% tariff on any and all movies that are made outside of the United States." Marvel is among the many Hollywood studios that have filmed in Georgia to take advantage of the state’s generous tax incentives for film. The company has...

A week on the road for your currently sober drunk host a week in the heartland visiting eateries like "Culvers" and "Pizza Ranch" synonymous with 'fly over country' as El Rushbo used to describe it... Those were big songs back in 1971 played by a local disc jockey whose remote broadcasts I used to hang out at. I was 11 years old. That guy used to get me involved in his remotes keeping track of that lengthy playlist of songs played from the radio station... "He who dwells in the shelter of the Most High will abide in the shadow...

President Trump and President Xi Jinping are locked in a fresh trade war standoff—and Beijing is betting the U.S. stock market will blink first. China’s escalating economic retaliation is timed with precision, and the message is clear: Xi believes Trump won’t risk another market meltdown. That assumption could shape every policy move over the next few weeks and shift investor sentiment worldwide. From rare-earth sanctions to new export controls and shipping-related penalties, China is tightening the screws just as President Trump threatens 100% tariffs on Chinese goods. Meanwhile, both countries prepare for a high-stakes summit later this month in South...

TIRUPPUR, India — If the tag on your T-shirt says “Made in India,” there’s a good chance it came from this southern industrial hub — long known as “Dollar City” for its dominance in the U.S. market. Now, just seven weeks after the Trump administration imposed a 50 percent tariff on Indian exports, many of Tiruppur’s garment factories have ground to a halt. The slowdown has rippled through a vast network of hulking plants and small workshops, which employ more than 600,000 people. Thousands of fabric cutters, thread trimmers and sewing machine operators are suddenly out of work. “Production has...

President Trump said his proposed 100% additional tariffs on goods from China were "not sustainable."

Whirlpool CEO Marc Bitzer said President Donald Trump’s tariff policies have created a “level playing field” for expanding U.S. manufacturing and incentivizing companies to invest in domestic production. “What the tariff policy does [is] it makes a business case, an economic business case, just much more attractive,” Bitzer told Fox News in an Oct. 15 interview. His remarks came as Whirlpool announced a $300 million investment in its U.S. laundry manufacturing facilities, a move the company described as “one in a series of strategic commitments to grow its American manufacturing footprint.” Bitzer told Fox News that without Trump’s tariff measures,...

The U.S. budget deficit edged lower for 2025 as record-setting tariff collections helped offset what also were unprecedented numbers for payments on the spiraling national debt, the Treasury Department announced Thursday. In a year marked by a bruising trade war and high financing costs, the federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than in fiscal 2024. While that’s still on the high end historically, the red ink would have been still worse had it not been for a massive surge in customs duties and a September surplus of $198 billion that...