The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.
Category: United States Economy
-
Trump’s Dismantling of Minority Business Agency Could Hinder Job Growth
Supporters of the agency said its gutting could hurt minority-owned businesses that already face additional barriers to gaining capital.
-
As Trump Stokes Uncertainty, the Fed Asks Businesses Where It Hurts
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.
-
Want to Play a Game? Global Trade War Is the New Washington Pastime.
Two dozen trade experts gathered recently to simulate how a global trade war would play out. The results were surprisingly optimistic.
-
High-Speed Rail Doesn’t Exist in America. Here’s What’s Being Developed.
True high-speed rail has not yet made it to the U.S., but that will change soon. Here are the projects currently being developed.
-
Trump Administration Tallies Trade Barriers That Could Prompt Tariffs
The Office of the United States Trade Representative released a report Monday highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.
-
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.
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.
-
Trump’s Science Policies Pose Long-Term Risk, Economists Warn
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.
-
Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
-
As Trump Tariffs Loom, White House Eyes Costly Farmer Bailouts
The Trump administration has discussed providing financial aid for farmers who may be subject to retaliation by America’s trading partners.
-
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dipped as investors weighed new hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.