The Federal Reserve manages finance charge rates to influence financial conditions within the United States. But those decisions can also affect the posture of other central banks because many aspects of international financial rely on U.S. dollars. As the world moves away from a global round of economic tightening, central bankers in the U.S. are … Read more
Low-cost, high-tech Chinese EVs have stirred fears of a government subsidized existential threat to automakers around the world. So what do these vehicles have to offer? How do they compare to the Tesla Model Y, which in 2024 was the best-selling car in the world? CNBC’s Beijing bureau chief Eunice Yoon tested four of them … Read more
The Biden administration is pushing back against former President Trump’s plan to replace revenue taxes with tariffs. Meanwhile, US Treasury Secretary Janet Yellen has warned that the tariffs could make life even more unaffordable for American consumers. Yahoo financial’s Rick Newman reports more on the differences between Biden and Trump’s tariff agendas and how they … Read more
The Biden administration has enacted a new set of tariffs against China that will hit up to $18 billion in imported goods, including quadrupling the duties imposed on electric vehicles (EVs) and doubling tariffs on solar panels and semiconductors to 50% each. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins The Morning Brief to … Read more
The Biden Administration has imposed new tariffs on $18 billion worth of Chinese goods. The sweeping tariffs will impact a wide range of products, including semiconductors, aluminum, steel, and more. The tariff on the electric vehicle sector will see a staggering quadruple increase, soaring from the current 25% to a 100% rate. Yahoo financial’s Jennifer … Read more
Uncover the strategies nations employ to shape their economies with our latest video on TOOLS OF TRADE RESTRICTION! 🛠️ Explore the myriad measures used to regulate imports and conserve foreign exchange, from tariffs to embargoes and beyond. 🔍 TOOLS OF TRADE RESTRICTION EXPLAINED: Dive into the arsenal of trade management tactics! Learn about the various … Read more