BIZ BUZZ: Cement tariffs tug-of-war

2025 年 10 月 9 日 business, economy, international, trade

Talk about being caught between a rock and a hard place. We’re referring to Trade Secretary Cristina Roque, who must soon make a Solomonic decision regarding tariffs on cement. On one hand are the cement importers who fear that raising tariffs or safeguard duties too high—with around 16 percent as the threshold—will force them out

Fed minutes: Most officials supported further rate cuts as worries about jobs rose

2025 年 10 月 8 日 economy, finance, politics

WASHINGTON, United States — Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, according to minutes from last month’s meeting released Wednesday. A majority of Fed officials felt that the risk unemployment would rise had worsened since their previous meeting in July, while the risk of rising