Trump Moves to Impose Reciprocal Tariffs as Soon as April

Published on February 14, 2025

President Donald Trump ordered his administration to consider imposing reciprocal tariffs on numerous trading partners, raising the prospect of a wider campaign against a global system he complains is tilted against the US.

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Watching the Fed Watching Tariffs and Inflation

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Retail Sales Tumble 0.9% in January, Worse Than Expected

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The Census Bureau's Advance Retail Sales Report for January showed a sharper-than-expected decline, with headline sales falling 0.9%. Meanwhile, December's figures were revised upward to a 0.7% gain. The latest data came in weaker than the anticipated 0.2% drop in consumer spending.