President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.
Category: United States Politics and Government
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Federal Government Shed 12,000 Jobs in July
The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force.
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Big Downward Jobs Revisions Could Be a Warning Sign for the Economy
Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market.
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Big Downward Jobs Revisions Could Be a Warning Sign for the Economy
Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market.
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Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.
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Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks on Powell
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.
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Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World
Swiss officials plan to negotiate furiously for a lower rate in the coming days, before the punishing levy takes effect.
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Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
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Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
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Cambodia Agrees to a Reduced Tariff and Breathes a Sigh of Relief
Initially 49%, it was lowered to 19%, easing worries of a damaging hit to the country’s garment and footwear production industries.
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On Eve of Tariff Deadline, Trump’s Trade War Faces Key Court Test
A federal appeals panel will hear arguments from states and businesses that seek to invalidate the president’s tariffs.