Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
It Is Happening Every Day, Every Where
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February.
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
Lawmakers voted to invalidate a rule adopted last year by the Consumer Financial Protection Bureau. It now moves to the House.
Hyundai already makes cars in the United States, in Georgia and Alabama.
Makers of a vast array of American products are weighing the risks, and potential payoffs, of the sweeping tariffs the president has promised on April 2.
The first months of President Trump’s second term have been characterized by a flurry of activity. The New York Times talked with several voters about their reactions to some of the latest measures.
Aerospace companies are big exporters but also very reliant on a global supply chain, making them vulnerable.
Tariffs, tax credits and deregulation are among the industry’s top priorities.
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.