First, are tariffs higher? It’s been hard to follow the many impositions, cancellations, negotiations and pauses in tariff policy. But one way to measure tariffs is “customs duties,” which is the revenue the government collects from tariffs on imported goods.

Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.

With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.

Since April, the White House has issued tariff threats and roiled financial markets across the globe, but so far growth has held up. | ITV National News

The European Central Bank was set to keep interest rates on hold on Thursday, pausing after seven straight cuts as it waited for the fog surrounding Europe’s trade relations with the United States to clear.

The ECB's June estimate showed that higher U.S. tariffs would result in lower growth and - depending on any EU retaliation - lower medium-term inflation in the euro zone. Even the ECB's baseline projection from June, which incorporates 10% tariffs from the United States, saw price growth below 2% over the next 18 months.

David Skilling says despite market calm, economic risks and political stresses are building - along with structural economic and geopolitical change

Benchmark deposit rate stands at 2%, its lowest since November 2022, while bank warns environment remains 'exceptionally' uncertain, especially due to trade disputes - Anadolu Ajansı

The European Central Bank left interest rates unchanged on Thursday and offered a modestly upbeat assessment of the euro zone economy, raising doubts among investors about further policy easing even while U.

President Trump suggested Friday that some Americans may receive “rebates” from the federal government after the US Treasury took in $64 billion in tariff revenue in the first three months since his “Liberation Day” announcement April 2.