Iraq Bulletin

Tag : tariff policy

Business

Data show Trump trade war failed to cut US China trade gap

iraqbulletin.co
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with China largely intact....
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Market rattled by inflation surprise and looming trade conflict

iraqbulletin.co
U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6%...