The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.
Category: United States Economy
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Fed Minutes Show Options Are Open on Interest Rate Cuts
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers saw the labor market stabilizing and signs of economic strength.
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Kate Raworth Looked Beyond G.D.P. to Create ‘Doughnut Economics’
With “Doughnut Economics,” Kate Raworth looks instead at planetary well-being.
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Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
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The Markets Cheer Trump’s Treasury Pick, Scott Bessent
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.
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How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
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How Scott Bessent Went From Democratic Donor to Trump Treasury Secretary Pick
The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.
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Biden’s Chief Economist Processes the Election With ‘Confusion, Guilt’
Jared Bernstein, the chair of the White House Council of Economic Advisers, was a leading architect of “Bidenomics.”
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Trump Promised to Halve Energy Costs in 18 Months. Experts Have Doubts.
A president has little control over global oil markets, economists say.
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Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
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Trump Taps Investor Scott Bessent as Treasury Secretary
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.
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Why Trump Allies Say Immigration Hurts American Workers
JD Vance and others on the “new right” say limiting immigration will raise wages and give jobs to sidelined Americans. Many studies suggest otherwise.