Trump Administration to Confront Countries With New Tariff ‘Number’
Treasury Secretary Scott Bessent provided new details into how President Trump will roll out a sweeping and elusive tariff measure planned for April 2.
It Is Happening Every Day, Every Where
Treasury Secretary Scott Bessent provided new details into how President Trump will roll out a sweeping and elusive tariff measure planned for April 2.
President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy take their toll.
Building on Biden-era policies, President Trump is strong-arming regional leaders, deploying military force and shredding decades of precedents when it comes to the U.S.-Mexico border.
The gains couldn’t overcome steep losses earlier in the week, and the S&P 500 remained in negative territory. President Trump’s tariff policy kept markets on edge.
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.
The price of gold, considered a haven during turmoil, surpassed $3,000 per ounce for the first time as investors send U.S. stock markets tumbling.
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.