For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him […]
Category: Economy
Economy News
U.S. Bond Sell-Off Is Another Worrisome Echo of the Liz Truss Fiasco
The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered market turmoil in 2022 after she proposed […]
Trump’s Encouragement of Stock Investors Draws Scrutiny
President Trump began his Wednesday with some advice for those rattled by his steep tariffs. “BE COOL,” Mr. Trump told his followers on social media […]
As Trump’s Sweeping Tariffs Kick in, Officials Signal Openness to Talks
President Trump’s next round of punishing tariffs on some of America’s largest trading partners went into effect on Wednesday, including stiff new levies that will […]
Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
President Trump’s whipsawing tariff policy has prompted bipartisan alarm on Capitol Hill, where Democrats are outraged and Republicans are caught between their deep opposition to […]
Trump Has Added 145% Tariff to China, White House Clarifies
The White House on Thursday clarified that China faced a minimum tariff rate of 145 percent on all imports to the United States. A day […]
Bond Market Sell-Off Prompts Bank of England to Make Unusual Move
The Bank of England ditched its plan to sell some of its holdings of long-term bonds next week, after U.S. Treasuries led a rout in […]
After Trump’s Pause on Tariffs, EU Delays Retaliation to Allow Talks
European Union officials announced on Thursday that they would delay plans for retaliatory tariffs after President Trump’s abrupt decision to hit pause on some of […]
Trump’s Tariffs Could Impact Apparel Companies That Make Clothing in the U.S.
On the open 15th floor of a loft building in Midtown Manhattan, about a dozen skilled workers make their way through piles of pants, stitching […]
Inside Factories in China, a Struggle to Survive Trump’s Tariffs
As President Trump ratcheted up new tariffs on goods from China to 125 percent this week, the mood in the dusty streets and small factories […]