Trump’s Tariffs Sent Trade Plummeting in August
The steep tariffs President Trump issued in August led to a contraction in imports and the trade deficit, newly released data shows.
New York Times
A City Is Broke. Can Billionaires’ Urbanist Dream Offer It a Last Chance?
Suisun City has tried to revive its fortunes for years. The latest idea: Annex land owned by California Forever, a tech-billionaire-funded plan for a new city north of San Francisco.
Trump Says America Is in ‘Golden Age,’ Straining to Address Affordability
Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
High Beef Prices? Trump Official Blames Biden and Migrants.
Treasury Secretary Scott Bessent said migrants were bringing sick cows across the border, snarling beef supply chains.
Former Fed Official Violated Trading Rules, Disclosures Show
Adriana D. Kugler, who stepped down as a governor in August, reported trades in stocks, including Apple and Southwest Airlines, in 2024.
Trump Administration Lifts Some Food Tariffs in Effort to Ease Prices
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.
Trump Turns to Affordability Message Amid Economic Frustration
The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
Trump Officials Prepare Tariff Exemptions, Seeking to Lower Food Prices
If the proposal goes into effect, it would be the latest rollback of one of President Trump’s key economic policies over concerns about affordability.
Canada-U.S. Travel Drops for 10th Month Amid Trump Tariff Tensions
The drop has been reflected in air and car travel, according to Canadian statistics. Tensions over tariffs placed by the Trump administration spurred calls for Canadians to spend their money at home.
A BlackRock-Backed Roofing Conglomerate Goes Bust
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.
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