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 […]
Category: Economy
Economy News
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 […]
Trump’s Tariff Goal Is to Eliminate Trade Deficits. Economists Have Doubts.
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 […]
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 […]