Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.

Gary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, joins 'Squawk Box' to discuss the state of the economy, June's CPI data, President Trump's tariff agenda,

Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he wants. It’s not clear whether Trump can extract himself from the policy cycle he has created.

WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures.

The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.

Markets enter the heart of earnings season with the S&P 500 ($SPX) (SPY) facing a critical test as major financial institutions kick off quarterly results amid escalating trade tensions. President Trump's Saturday announcement of 30% tariffs on the European Union and Mexico,