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Oil Prices Soar as Iran Standoff Shows No End in Sight

Oil prices push higher, approaching another wartime high, as President Trump asserted that the naval blockade of Iran’s ports would persist.
HomeBusinessAmericans Are Paying the Bill for Tariffs, Despite Trump’s Claims

Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims

Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.