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.
The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.
Trump’s supporters have clashed over the true goal of forthcoming global tariffs: raising revenue, or lowering foreign trade barriers?
A shopper who gets SNAP benefits shops for groceries at a supermarket in Bellflower, Calif., on Feb. 13, 2023.
Are you prepared for when the power goes out? To prevent massive wildfires in drought-prone, high-wind areas, electrical companies have begun preemptively shutting off electricity. These planned shutdowns are called public safety power shutoffs, abbreviated to PSPS, and they’re increasingly common.
Two dozen trade experts gathered recently to simulate how a global trade war would play out. The results were surprisingly optimistic.
The Office of the United States Trade Representative released a report highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.
A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood.