Treasury


  • President Donald Trump waves to a crowd at the White House on April 2, 2025.
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    Andrew Harnik via Getty Images
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    Trump installs 10% baseline tariff, country-specific duties

    The president said he will levy import taxes on China, Japan and others equal to half of what they charge the U.S. based on White House calculations.

    By Philip Neuffer • April 2, 2025
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    Authentic Images via Getty Images
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    US manufacturing output, employment fall as tariffs fuel higher prices

    “Newly implemented tariffs are significantly impacting gross profits,” the Institute for Supply Management quoted an unidentified survey panelist as saying.

    By April 1, 2025
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    Brandon Bell via Getty Images
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    Consumer spending during Q1 shrinks for first time since pandemic

    “Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods spending later this year,” the Conference Board said.

    By March 31, 2025
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    Permission granted by Deloitte
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    Sponsored by Deloitte

    With Pillar Two here, focus on 3 areas

    Pillar Two upends global tax. Leaders should focus on three areas for efficient and effective compliance.

    March 31, 2025
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    Gordan1 via Getty Images
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    Rising prices, weak consumer spending spotlight ‘stagflation’ risk

    Public- and private-sector economists have flagged inflation risks and marked down estimates for economic growth this year, warning of the potential harm from tariffs.

    By March 28, 2025
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    Justin Sullivan via Getty Images
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    US will charge 25% tariffs on foreign-made cars

    The increased duties will go into effect April 2, President Donald Trump said Wednesday.

    By Kelly Stroh • Updated March 26, 2025
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    Courtney Hale via Getty Images
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    Consumer expectations for future plunge to 12-year low on tariff anxiety

    Pessimism about price pressures rose, with expectations for inflation in 12 months increasing to 6.2% this month from 5.8% in February, the Conference Board said.

    By March 25, 2025
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    Joelle Anselmo/CFO Dive
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    Manufacturing slows as tariffs, policy shifts dim expectations: S&P

    Inflation in both goods and services prices accelerated in March to the fastest pace in 23 months, hitting a 31-month high in manufacturing, S&P Global said.

    By March 24, 2025
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    Opinion

    Closing carried interest tax loophole could drive predatory PE practices

    The tax break incentivizes private equity firms to keep businesses for more than three years. Eliminating it could have unintended consequences, a private equity CEO writes. 

    By Kade Thomas • March 21, 2025
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    kali9 via Getty Images
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    Economic data ‘point to headwinds ahead,’ Conference Board says

    Economists at several organizations have recently warned of trade war risks and forecast slower economic growth this year.

    By March 20, 2025
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    Chip Somodevilla via Getty Images
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    Fed holds main rate steady, forecasts higher inflation, slower growth

    “Growth looks like it's maybe moderating a bit, consumer spending moderating a bit, but still at a solid pace,” Fed Chair Jerome Powell said during a press conference.

    By Updated March 19, 2025
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    Hispanolistic via Getty Images
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    Retail sales lag expectations after falling in January

    A report of weak retail sales in February aligns with a 0.5% decline in overall consumer spending in January.

    By March 17, 2025
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    Brothers91 via Getty Images
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    Tariffs trigger ‘horrific’ plunge in consumer sentiment

    Federal Reserve officials, scheduled to assess monetary policy during a March 18-19 meeting, will likely zero in on a jump in long-term inflation expectations.

    By March 14, 2025
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    alfexe via Getty Images
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    Inflation rises less than expected as new tariffs spur price worries

    Concern about the inflationary impact from tariffs has eroded confidence among both businesses and consumers, according to recent surveys.

    By March 12, 2025
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    Getty Images via Getty Images
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    Small business optimism sags amid ‘uncertainty whiplash’: NFIB survey

    “The economy is still growing, but at a slower and slower rate — storm clouds are forming,” the NFIB said.

    By March 11, 2025
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    Rrraum via Getty Images
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    91% of economists expect big, tariff-fueled price surge: Wolters Kluwer

    Despite persistent inflation, economists predict the Federal Reserve will trim the main interest rate by 0.42 percentage point this year, Wolters Kluwer found in a survey.

    By March 10, 2025
  • Jerome Powell speaking at The Economic Club in DC on July 15, 2024
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    Nathan Howward via Getty Images
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    Fed holding rates steady while gauging impact from Trump tariffs: Powell

    Inflation will probably continue to follow a “bumpy” path down to the central bank’s 2% target, Fed Chair Jerome Powell said.

    By March 7, 2025
  • Scott Bessent testifies before the Senate Finance Committee.
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    Chip Somodevilla via Getty Images
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    Bessent ‘not worried about inflation’ amid Trump’s tariff offensive

    Revenue from new import duties “could be very substantial,” Treasury Secretary Scott Bessent said.

    By March 6, 2025
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    Companies see year-ahead inflation rising to as high as 4%: NY Fed

    Trump administration tariffs risk stoking inflation, disrupting supply chains and undermining corporate earnings, Bank of America Securities analysts said.

    By March 5, 2025
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    Tariffs likely to fuel inflation ‘relatively soon,’ Fed’s Williams says

    Concern about U.S. import duties “is clearly influencing how people are thinking about inflation this year,” New York Federal Reserve Bank President John Williams said.

    By March 4, 2025
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    Provided by Nissan Motor Co. 

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    Trump tariffs: March madness runs down the clock

    Stocks slumped Monday after President Trump reasserted U.S. tariffs on imports from Canada and Mexico would go into effect Tuesday.

    By Updated March 3, 2025
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    Inflation to persist above 2% Fed goal into 2027 or later: NABE

    Traders in interest-rate futures increased the odds that the Federal Reserve this month will continue its pause on easing borrowing costs.

    By March 3, 2025
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    Mario Tama via Getty Images
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    Consumer spending falls, highlighting fading confidence

    Two closely tracked gauges of consumer confidence slid in February, pushed down by concerns about import duties enacted by the Trump administration.

    By Feb. 28, 2025
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    Baker Hughes taps insider for CFO

    Ahmed Moghal, who joined the energy technology company in 2017, was appointed to take the company’s finance reins Monday.

    By Feb. 24, 2025
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    Tax preparers urge Congress to protect IRS data amid DOGE advances

    Elon Musk’s Department of Government Efficiency has sparked privacy concerns as it has sought to tap into federal databases in its effort to cut costs and root out fraud.

    By Feb. 21, 2025