Category: United States Economy

Fact-Checking Trump’s Claim About Egg Prices

As he announced sweeping tariffs, President Trump claimed there had been a large decline in the price of eggs. That’s not the whole picture.
Oil and metals prices fall on concerns about the global economy.

The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.
Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?

The president says “jobs and factories will come roaring back” because of his trade policies, but the
Stock Markets Slide After Trump Unveils Tariffs

The initial market reaction suggested that the scale of the tariffs on Wednesday had come as a surprise and analysts were still trying to figure out how they had been derived.
Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?

President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
Trump Is Set to Unveil Expansive Global Tariffs

The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.
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.