Economy

Economy ministers from the two countries expect “common sense” to prevail this fall in NAFTA re-negotiation.

Some companies are boosting production in anticipation of tariffs. Others are scrambling to find new markets for perishable products and holding off on hiring and capital investments.

Meanwhile, president of National Foreign Trade Council warns: “This can't be a mechanism to start raising tariffs on everything. There'd be no end to it.”

Tariffs proposed by the Trump administration would benefit some companies, hamstring others.

CBO projects that recent tax cuts and spending increases will push the federal budget deficit past the $1 trillion milestone two years earlier than expected.

Bloomberg's dollar gauge slips most since January.

Powell jumps in driver's seat as Fed is expected to raise rates this week.

Kudlow's views come in stark contrast to his predecessor, who was more circumspect in talking about the central bank.