Details are still scarce on the agreement, which the president said will partly walk back some of the steep tariffs he threatened on the country […]
Category: Economy
Economy News
Rising Inflation Underscores Risks in Trump’s New Tariff Threats
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1. Source link
Trump Adds Tariff to Mexican Tomatoes
The increase to the price of a grocery store staple comes after the Trump administration withdrew from a nearly 30-year old trade agreement with Mexico. […]
The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long […]
He Helped Big Companies Dodge Taxes. Now He’s Writing the Rules.
Ken Kies, a longtime tax lobbyist who worked for some of the world’s largest businesses, is now running the Treasury Department’s office that will administer […]
Bluffs and Bluster Aside, Trump’s Tariffs Are Here to Stay
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade. Source link
To Sidestep Trump Tariffs, Asian Nations Seek New Trade Partners
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading partners as a way around […]
Tariffs or Deals? Trump Seems Content With Punishing Levies.
The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals. […]
Trump’s Seesawing on Tariffs Gives the World Whiplash
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next. Source […]
Trump Fuels Fear Among Immigrant Farm Workers in California’s Central Valley
The fertile valley feeds the world. President Trump has thrown farmers and farmworkers there into turmoil, but recently offered them a glimmer of hope. Source […]