The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political independence is causing concern.
Category: Customs (Tariff)
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Trump’s Trade War With China Puts Japan in a Tight Spot
Japan had long maintained deep economic ties with both China and the United States. Recent trade tensions may challenge that approach.
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Markets Gain After Trump Says He Has No Plans to Oust Fed Chief
Remarks by President Trump and his Treasury secretary fueled a rebound in global stocks, extending a surge that started on Wall Street.
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Treasury Secretary Bessent Talks China Trade War De-Escalation and Tax Cuts
Scott Bessent told a group of investors that he expected trade tensions with China to de-escalate.
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Tesla’s Falling Profit May Pressure Elon Musk to Return to Day Job
The carmaker is expected to report a decline in quarterly earnings after Tesla’s brand suffered because of its chief executive’s role in the Trump administration.
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IMF Expects Trump’s Tariffs Will Slow Global Economic Growth
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.
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How Trump’s Fed Fight May Undermine His Trade Negotiations
A flight from U.S. assets, including the dollar, could worsen if the president continues his attacks on the Federal Reserve, analysts warn.
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After Trump Spares Apple, Other Businesses Want a Tariffs Break
Retail executives huddled with the president amid fears that tariffs could result in higher prices.
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Markets Slump on Persistent Concern That Tariffs Will Hurt Growth
Trump’s tariffs continued to jar investors on Monday as stocks in Asia mostly fell and the U.S. dollar weakened.
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The Business Playbook for Tariff Chaos
President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers.
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How Trump’s Tariffs Could Hurt US Farmers and Benefit Brazil
China has long relied on the U.S. for soybeans. But with new steep tariffs, it is likely to look even more to Brazil and Argentina.
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Peter Navarro: The Architect of Trump’s Tariffs
Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.