After President Donald Trump announced a 90-day pause in imposing his “Liberation Day” tariffs, trade adviser Peter Navarro touted the possibility of “90 deals in 90 days.” In truth, it hasn’t been that easy,

In an interview with ABC News, Kevin Hassett was also pressed on the president's decision to hit imports from Brazil with steep tariffs.

Germany's BASF said on Friday that it was lowering its full-year outlook, citing weaker-than-expected global economic growth and reduced demand for its chemicals due to U.S. tariffs.The Ludwigshafen-based chemical giant had already warned that it was facing high levels of uncertainty from U.

The German chemical giant cut its guidance for the year, citing geopolitical uncertainty and U.S. tariff tensions causing currency volatility.

While the freight market is stabilizing, ongoing tariff uncertainty, excess truck inventory, and sluggish demand continue to weigh on rates and slow growth.

Tariffs have impacted the third-quarter economic outlook, with predictions that they will push gross domestic product forecasts downward.

Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump during his first term in the White House, have said they'd consider cutting the benchmark policy rate as soon as the central bank's July 29-30 meeting.

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Ongoing uncertainty makes it difficult to assess the impacts of public policy, but economic growth is holding up.

Back-to-school spending is expected to dip this year, as tariff-driven price hikes and economic uncertainty force Americans to tighten household budgets, according to a Deloitte forecast released Thursday.

The stock market and bond market are forecasting different scenarios for the U.S. economy. The former projects optimism — higher equity prices, earnings growth, broad enthusiasm — but the latter sees weakening growth. Apollo chief economist Torsten Slok highlighted this disconnect in research published this week.