The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
Category: Customs (Tariff)
S&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump
The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump’s higher-than-expected tariffs set off another round of economic worry.
Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?
The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of freer trade.
As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.
Why the Fed’s Job May Get a Lot More Difficult
President Trump’s plans risk stoking inflation and denting growth, an undesirable combination that economists warn could lead to much tougher trade-offs for the central bank.
An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
Trump to Pause Auto Tariffs for Canada and Mexico for One Month
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.