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  • Alan Rappeport

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Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy

The Treasury secretary received counsel and criticism from some of his predecessors over President Trump’s policies.

Trump’s Tariff Fight With China Poses New Threat to US Farmers

Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.

Trump Officials Point to Outreach on Tariffs in a Bid to Calm Markets

Jamieson Greer, the United States trade representative, will tell senators the U.S. is economy is in need of “drastic, overdue change.”

Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs

Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.

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.

U.S. Could Run Out of Cash by May, Budget Office Predicts

The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or suspend the nation’s debt...

U.S. Could Run Out of Cash by July, Analysis Finds

The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress does not lift or suspend the nation’s...

Trump’s Tariffs Have Sown Uncertainty. That Might Be the Point.

President Trump’s economic advisers have used a hodgepodge of messages to justify starting trade wars that are spooking markets.

Trump Bows to Economic Reality With Tariff Delays and Exemptions

With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.

U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts

Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.