Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
United States Economy
Trump’s Dismantling of Minority Business Agency Could Hinder Job Growth
Supporters of the agency said its gutting could hurt minority-owned businesses that already face additional barriers to gaining capital.
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.
Trump Administration Tallies Trade Barriers That Could Prompt Tariffs
The Office of the United States Trade Representative released a report highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.
Estimates Imply That Tariffs Could Fall Heavily on Consumers
A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.
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.
Trump’s Science Policies Pose Long-Term Risk, Economists Warn
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.
As Trump Tariffs Loom, White House Eyes Costly Farmer Bailouts
The Trump administration has discussed providing financial aid for farmers who may be subject to retaliation by America’s trading partners.
Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.
The president said he “couldn’t care less” if automakers rose prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February.