Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank. Source link
Category: Economy
Economy News
Unions Form Pro Bono Legal Network for Federal Workers Targeted by Trump
Organized labor has taken a leading role in challenging the Trump administration’s downsizing agenda in court. A new service will offer more individualized representation. Source […]
Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers. Source link
Trump Has Mixed Emotions Toward Japan
This month in the White House’s Rose Garden, as he held up a placard showing the global wave of tariffs he wanted to impose, President […]
Trump’s Dilemma: A Trade War That Threatens Every Other Negotiation With China
President Trump came into office sounding as if he were eager to deal with President Xi Jinping of China on the range of issues dividing […]
Trump Signals Tariffs Are Coming on Computer Chips and Drugs
President Trump signaled on Monday that he would soon announce additional tariffs targeting imported computer chips and pharmaceuticals, while suggesting he could also move to […]
China Censors Hashtags Mentioning ‘104%,’ the Size of Trump’s Tariffs
Chinese censors appeared to be carefully curating public discussion about the U.S. tariffs that took effect on Wednesday. They promoted criticism of the United States, […]
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 Wednesday was close to tumbling into bear market […]
Lesotho Has Few Options to Counter 50% U.S. Tariffs
In Lesotho, the small southern African nation that is among the countries hardest hit by President Trump’s new tariffs, business owners were meeting on Wednesday […]
Lesotho Has Few Options to Counter 50% U.S. Tariffs
In Lesotho, the small southern African nation that is among the countries hardest hit by President Trump’s new tariffs, business owners were meeting on Wednesday […]