The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move […]
Category: Economy
Economy News
In Trade War Clash With Trump, China Refuses to Take the Bait
If the trade war between China and the United States is a game of high-stakes brinkmanship, it is currently a game that Beijing is not […]
China Rejects Trump Claim of Tariff Talks With Xi
President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on Friday that he had […]
Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make medicine affordable. But that […]
A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products began disappearing […]
Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies have been trying to win […]
Trump’s 100-Day Economic Report Card
Trump’s tumultuous start When President Trump took office in January for his second term, business leaders anticipated an administration that would lower taxes, loosen regulations […]
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the effects of tariffs on imported cars and car parts […]
New Data Provide a Pre-Tariff Snapshot of a Stable but Slowing Labor Market
The labor market remained sound in March, with job openings declining but layoffs remaining near record lows, while rates of new hiring were slow but […]
How Trump May Unintentionally Cut Carbon Emissions
President Trump has expressed little interest in fighting climate change. One of his key cabinet officials has even sought to evaluate whether humanity benefits from […]