Behind President Trump’s decision to hit some of America’s largest trading partners with stiff tariffs is his fixation on the trade deficit that the United […]
Category: Economy
Economy News
Walmart Says Trump’s Tariffs Have Added Uncertainty to Its Outlook
The timing was a bit awkward. Walmart’s investor event — which happens every two years and aims to showcase the company’s strengths and strategy for […]
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 remained ebullient, posting at one point […]
China Raises Retaliatory Tariffs on U.S. Goods to 84% After Trump’s Latest Levies
Beijing on Wednesday aimed the latest blow in the escalating trade war between the United States and China, by raising new tariffs on all American […]
Did Trump Manipulate the Stock Market?
President Trump’s post on social media caused the stock market to respond in an unusual way. Rob Copeland, a finance reporter for The New York […]
A Devastating Trade Spat With China Shows Few Signs of Abating
President Trump’s rapidly escalating trade war with China has resulted in eye-watering tariffs on products exchanged between the countries and scrambled prospects for many global […]
E.U. Officials Approve Retaliatory Tariffs Against the U.S.
The European Union on Wednesday approved its first retaliation measures in response to President Trump’s tariffs, a plan that was thrown into uncertainty just hours […]
Delta Warns Trump’s Trade War Will Weigh on the Economy
Delta Air Lines on Wednesday became one of the largest American companies to warn that President Trump’s escalating trade war was weighing on its business […]
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 raised fears of […]
Bond Sell Off Raises Questions About U.S. Safe Haven Status
A sharp sell-off in U.S. government bond markets and the dollar has set off fears about the growing fallout from President Trump’s tariffs, raising questions […]