For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
United States Economy
Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
Trump boasts about the economy, but says weak data is Biden’s problem.
President Trump at the White House on Wednesday.
A Flashing Economic Warning and a Sharp Political Jolt
The report that the economy contracted in the first quarter underscored how much President Trump has at risk as he pursues an aggressive trade war.
Here’s What 7 Americans Think of Trump’s First 100 Days
Here’s what a variety of voters who made their choices in November’s election with some hesitation had to say about President Trump’s first 100 days.
U.S. Textile Industry Rejects Bessent’s Suggestion Boom Times Are Over
A textile trade association that has backed President Trump’s trade strategy took issue with Treasury Secretary Scott Bessent’s remark that emphasized “precision manufacturing” over clothing and fabrics.
Trump to Sign Executive Order Walking Back Some Auto Tariffs
Most levies on imported cars and car parts will remain in place, but automakers have secured some relaxation of the trade policy.
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.
Trump’s 100-Day Economic Report Card
Market chaos and economic uncertainty has been a feature of the president’s first few months back in office. DealBook breaks down the milestones, and what to expect next.
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.