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.
Category: International Trade and World Market
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.
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.
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.
Tariffs Add a New Shock to Food Supply Chains
Companies made their supply chains stronger and more flexible because of the Covid pandemic. But they weren’t banking on tariffs.
Stocks Slump as Trump Tariffs Take Effect
The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
How Trump’s Tariffs Could Affect American Companies
Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.
Russia Is Wooing Western Energy Companies, but Will They Return?
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia.