President Trump has accused America’s trading partners of undermining the United States for decades, saying they have engaged in unfair trade practices to steal the country’s wealth and enrich their own economies. He has set his sights on not only adversaries like China, but also traditional allies like Canada and …
Chris Bergen, who runs a commercial greenhouse business in northern Minnesota, finds himself “walking a tightrope” roughly two months into President Trump’s second term. Acute uncertainty about how the administration’s trade and immigration policies will unfold and affect the economy has made him much more cautious about any expansion plans. …
Follow the latest news on the Trump administration. President Trump’s sweeping tariffs are expected to raise the cost of cars, electronics, metals, lumber, pharmaceuticals and other products that American consumers and businesses buy from overseas. But Mr. Trump and his advisers are betting that it can sell an inflation-weary public …
Ziggy Duchnowski spent Saturday morning car shopping along Northern Boulevard in Queens with two goals in mind. He wanted to find a new small car for his wife, and he hoped to strike a deal before the new tariffs that President Trump is imposing on imported cars and trucks affect …
When Christina Cassotis, the chief executive of Pittsburgh International Airport, heard about the power outage that forced London’s Heathrow Airport to suspend operations last week, she thought of the workers who were frantically trying to manage the chaos. But when an outage hits closer to home, she has a more …
Ahead of President Trump’s next big trade move, his administration invited companies to weigh in on the economic barriers they faced abroad. The list of complaints was both sprawling and specific. In hundreds of letters submitted to the administration in recent weeks, producers of uranium, shrimp, T-shirts and steel highlighted …
Follow live updates on the Trump administration here. Buried in China’s latest government budget were some numbers that add up to an alarming trend. Tax revenue is dropping. The decline means that China’s national government has less money to address the country’s serious economic challenges, including a housing market crash …
“Transitory” is back Jay Powell wants businesses and investors to know: The Fed chair shares their concerns about President Trump’s tariff skirmishes as the economic outlook dims. But there is a silver lining, he said Wednesday at a news conference. Tariff-driven inflation is likely to be “transitory” and just for …
Presidents usually do all they can to avoid recessions, so much so that they avoid even saying the word. But President Trump and his advisers in recent weeks have offered a very different message. Yes, a recession is possible, they have said. Maybe one wouldn’t even be that bad. Howard …
The United States buys more steel from Canada than from any other country, and those imports will become much more expensive under tariffs President Trump intends to impose this week. That’s good news to Stephen Capone, president of Capone Iron Corporation of Rowley, Mass., which makes steel stairs, handrails, gratings …