[ad_1] President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers. [ad_2] Source link
Category: Economy
Economy News
Peter Navarro: The Architect of Trump’s Tariffs
[ad_1] Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system. [ad_2] Source link
IMF Warns Trump Tariffs Will Weaken Economy and Increase Inflation
[ad_1] Kristalina Georgieva, the managing director of the International Monetary Fund, warned in a speech that protectionism erodes productivity. [ad_2] Source link
Trump Shifted on Tariffs After Bond Holders Got Jittery. He Held Millions Himself.
[ad_1] As of August, the president’s investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any […]
Meloni and Trump Oval Office Meeting Cements Special Rapport
[ad_1] In Washington, President Trump inundated Prime Minister Giorgia Meloni of Italy with praise. She said he had accepted an invitation to go to Rome. […]
Trump Says Fed Chair Jerome Powell’s ‘Termination Cannot Come Fast Enough’
[ad_1] Jerome Powell has said that the Federal Reserve can be patient as the effects of tariffs become more clear. President Trump, pushing for interest […]
The Grand Egyptian Museum Is Finally Open. (Well, Mostly.)
[ad_1] The Grand Egyptian Museum, outside Cairo, has been delayed by revolutions, wars, financial crises and a pandemic. At long last, here’s a look inside. […]
Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
[ad_1] Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank. [ad_2] Source link
Unions Form Pro Bono Legal Network for Federal Workers Targeted by Trump
[ad_1] 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. […]
Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
[ad_1] The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers. [ad_2] Source link