German Chancellor Friedrich Merz told the broadcaster ARD that President Trump's threat of 30% tariffs on goods from the European Union as of Aug. 1 would hit the German export industry "to the core," and he vowed to work toward a solution.

Pressed by Karl about Trump’s recent criticism of Federal Reserve Chair Jerome Powell, Hassett echoed the White House’s criticism of recent cost overruns in the renovation of the Fed’s Washington, D.C., headquarters.

The risk is that a hotter-than-expected June inflation report — one that Fed Chair Jerome Powell recently called among the most important for assessing the impact of tariffs — could slow the pace at which the central bank lowers interest rates. Importantly, that could also throw a wrench into the stock market’s record-setting rally.

House Speaker Mike Johnson touted an alleged federal budget surplus for June 2025, the first since 2017, and said with President Trump's tariff policies and the "Big, Beautiful Bill" that will become more common.

More than a quarter of Trump voters say his tariffs are hurting U.S. trade negotiations with other countries, according to a Politico-Public First poll of self-identified Trump supporters. When asked if Trump’s tariffs are helping or hurting trade negotiations,

Trump’s pledge to place a 50 percent tariff on all imports from the South American nation will drive up the prices of coffee — and orange juice.

Long used by Indigenous groups across the Southern United States, yaupon is North America’s only native caffeinated plant. Known by many Indigenous and colonized names, including cassina, asi, Carolina tea and Christmas berry,

The hottest question in economics is why the massive price hikes tariffs were supposed to bring still haven’t materialized halfway through 2025.