Politics
Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
When Donald J. Trump championed the idea of a 10 percent blanket tariff during the campaign, many people, whether for or against, were…
Tag
United States Economy
Politics
Trump’s Tariff Threat for Drug imports Poses Big Political Risks
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because…
Politics
Trump and DOGE Are Planning Deregulation at a Massive Scale
At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing…
Business
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what…
Business
Good Luck Getting Goldman Sachs to Even Say the Word ‘Tariff’
Goldman Sachs on Monday revealed its latest financial results and outlook for the future, and in a deft feat of linguistics, its…
News
Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy
The traditional gathering of former Treasury secretaries to welcome a newly minted one into the fold is usually a lighthearted and…
Business
Fed Under Pressure as Inflation Expectations Surge
Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month. Keeping…
Politics
‘This is Not Normal’: Trump’s Tariffs Upend the Bond Market
The bedrock of the financial system trembled on Friday, with government bond yields rising sharply as the chaotic rollout of tariffs shook…
Politics
Trump Insists ‘Everybody’ Wants to Make a Trade Deal With the U.S.
A day after President Trump capitulated on his global reciprocal tariffs, he and Commerce Secretary Howard Lutnick insisted that one…
Business
Stocks Fall as Tariff Pause Fails to Quell Wall Street’s Worries
The stock market resumed its slide on Thursday, as the White House clarified that Chinese imports would face a tariff of 145 percent,…
Politics
For U.S. Apparel Manufacturers, Chaotic Tariff Policy Isn’t Much Help
On the open 15th floor of a loft building in Midtown Manhattan, about a dozen skilled workers make their way through piles of pants,…
Business
U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing…
Politics
How Will Trump’s China Tariffs Affect Prices? Here’s What Could Get More Expensive.
The tariff whiplash continued on Wednesday, with President Trump pausing “reciprocal” tariffs on most countries for 90 days while imposing…
Politics
Stocks Jump in Asia After Trump’s Tariff Reprieve
Following President Trump’s decision to pause punishing tariffs on dozens of countries, markets in Asia reacted predictably: Stocks soared…
Politics
Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him to…
Politics
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and…
Politics
Trump Defends Tariff Strategy Amid Global Trade War and Market Chaos
As new U.S. tariffs upended financial markets and sent foreign governments scrambling to respond, President Trump on Wednesday morning…
Business
Delta Warns Trump’s Trade War Could Lead to a Recession
Delta Air Lines on Wednesday became one of the largest American companies to warn that President Trump’s escalating trade war was weighing…
Politics
Bond Sell Off Raises Questions About U.S. Safe Haven Status
A sharp sell-off in U.S. government bond markets has sparked fears about the growing fallout from President Trump’s sweeping tariffs and…
Politics
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
President Trump’s plan to impose sweeping tariffs on most of America’s trading partners has governments across the globe racing to…
Business
What Is a Bear Market? Are We in One?
President Trump’s global tariffs have sent stock markets worldwide into a tailspin, and the S&P 500 on Monday entered bear market…
Business
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to…
Business
Does Trump Have an ‘Off Ramp’ From His Trade Fight?
No letup in sight Frenzied selling is gripping global markets for a third straight session, with the S&P 500 and Nasdaq futures deeply in…
Business
Trump’s Trade War Raises Bar for Fed Rate Cuts
President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk…