mosaec

Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets

Customs (Tariff) Lutnick, Howard W National Debt (US) Protectionism (Trade) Treasury Department Trump, Donald J United States Economy United States Politics and Government

Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets

The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.

By Alan Rappeport

Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda

Banking and Financial Institutions Chicago (Ill) Customs (Tariff) Federal Budget (US) Federal Reserve System International Trade and World Market National Debt (US) Peterson, Peter G, Institute for International Economics Powell, Jerome H Presidential Election of 2024 Protectionism (Trade) Taxation Trump, Donald J United States United States Economy United States Politics and Government

Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda

In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.

By Alan Rappeport and Ana Swanson

U.S. Budget Deficit Rises to $1.8 Trillion in 2024

Committee for a Responsible Federal Budget Congressional Budget Office Federal Budget (US) National Debt (US) United States Economy United States Politics and Government

U.S. Budget Deficit Rises to $1.8 Trillion in 2024

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

By Alan Rappeport

An American Sovereign Wealth Fund? Easier Said Than Done.

Biden, Joseph R Jr Federal Budget (US) Harris, Kamala D National Debt (US) Presidential Election of 2024 Sovereign Wealth Funds Trump, Donald J United States Economy United States Politics and Government

An American Sovereign Wealth Fund? Easier Said Than Done.

Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.

By Alan Rappeport