Interest Rates

Will Cars, Phones and Other Goods Be Too Big to Tariff?

Washington and Beijing increasingly look likely to de-escalate their trade war. But the economic damage and ongoing uncertainty may persist for a while.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

China Customs (Tariff) Federal Reserve System Interest Rates International Trade and World Market Powell, Jerome H Trump, Donald J United States Economy United States International Relations United States Politics and Government Xi Jinping

On Major Economic Decisions, Trump Blinks, and Then Blinks Again

President Trump has said his punishing tariffs would force companies to build factories in the United States. But it is far from clear that they will have the effects he predicted.

By David E. Sanger

Banking and Financial Institutions Customs (Tariff) Inflation (Economics) Interest Rates United States Economy

Trump Says He Won’t Fire Powell. His Fed Battle May Not Be Over Yet.

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.

By Colby Smith

Banking and Financial Institutions Customs (Tariff) Inflation (Economics) Interest Rates United States Economy

Trump Says He Won’t Fire Powell. His Fed Battle May Not Be Over Yet.

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.

By Colby Smith