Businesses and policymakers are casting around for help from unlikely places, as the country’s exports to the United States are crushed by 50 percent tariffs.
Category: Economic Conditions and Trends
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Trump Raises Tariffs on India to 50% Over Russian Oil
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.
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Fears of a French Government Collapse Send Its Borrowing Costs Soaring
France’s finance minister suggested that a cornerstone of the European economy might need help from the International Monetary Fund if a political and debt crisis were not addressed.
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5 Years On, China’s Property Crisis Has No End in Sight
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences.
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This Is the End of China’s Once Mightiest Property Firm
China Evergrande, set to be delisted from the Hong Kong Stock Exchange on Monday, leaves behind a giant pile of debt and long line of desperate creditors.
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Behind Powell’s Big Gamble in Final Jackson Hole Speech
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
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Have You Been Unemployed for Six Months or More? We’d Like to Hear From You.
The long-term jobless rate recently hit its highest point in more than three years. Please tell us how this has affected you.
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Trump’s Tariffs Will Crush India’s Exporters, Threatening Livelihoods
New U.S. taxes on American imports, even at 25 percent, will hurt many Indian businesses and may put vast numbers of people out of work.
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Fed Chair Faces Scrutiny — and Bats — at Major Policy Speech in Mountain Forum
A colony of bats recently took up residence at the storied Jackson Lake Lodge, where central bankers and economic policymakers will convene next week for an exclusive gathering.
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China’s Economy Slows Broadly Even as Exports Keep Rising
Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.
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Trump’s Pick of E.J. Antoni as BLS Leader Criticized by the Right and the Left
Economists on the left and right criticized E.J. Antoni for misunderstanding the data he would now oversee.