Estimates Imply That Tariffs Could Fall Heavily on Consumers

Estimates Imply That Tariffs Could Fall Heavily on Consumers

A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.
American Wealth Is at a Record High. Sentiment Is Low, and Falling.

American Wealth Is at a Record High. Sentiment Is Low, and Falling.

A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood.