The president boasted about a strong economy in his State of the Union address. But he spent less time on a potential weakness, affordability.
Category: Protectionism (Trade)
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Tariff Turmoil Returns to Global Markets
The New York Times – Business:Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies.
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‘Murky Waters’ for Global Businesses After Trump’s Tariff Loss
The New York Times – Business:Even after the Supreme Court invalidated many of the president’s levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another.
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How Kevin Hassett Became a Trump Loyalist and Fed Chair Contender
Mr. Hassett’s evolution from conservative economist to defender of the president’s economic agenda has raised questions about how he would lead the central bank.
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How Many Toys Will Parents Buy for Their Kids This Christmas?
Ynon Kreiz, the chief executive of Mattel, believes consumers squeezed by tariffs and inflation will cut back on other things before they skimp on Barbies and Hot Wheels.
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Trump Defends Tariffs Amid Growing Concerns Over Affordability
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.
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Nvidia’s China Lobbying Wins Big. But the True Payoff is Less Certain.
President Trump’s move fulfills a major goal of the chipmaker. But the move faces opposition in Washington — and uncertainty in Beijing.
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Tariffs and Strike Drive ‘Once-in-a-Lifetime’ Boost for Canadian Wine
The trade war with the United States, bans on U.S. wine and liquor imports and a recent distributor strike in British Columbia have Canadians giving their homegrown wines another look.
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Trump Team Now Claims Its Trillions in Tariff Revenue Are ‘Incidental’
In arguments before the Supreme Court, the White House backed away from its claims that President Trump’s tariffs were about raising revenue.
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What a Rough Day in Court Means for Trump’s Tariffs
Businesses and investors are bracing for uncertainty after Supreme Court justices questioned the legality of a core part of the president’s trade policy.