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 […]
Category: Economy
Economy News
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 […]
Trump’s Tariff Fight With China Poses New Threat to US Farmers
After China unveiled steep retaliatory tariffs on American exports on Wednesday, Treasury Secretary Scott Bessent issued a sharp and somewhat surprising response: “So what?” The […]
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
When Congress voted to normalize trade relations with China at the beginning of this century, U.S. manufacturers braced for a stream of cheap goods to […]
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
Among those opposed to President Trump’s tariffs on imports from China: a legal group funded by some of the biggest names in conservative politics. Last […]
China Condemns American ‘Protectionism’ – The New York Times
The Chinese government on Wednesday issued a lengthy denunciation of American trade policies, accusing the United States of years of protectionism and of violating the […]