A Tidal Wave of Change Is Headed for the U.S. Economy

A Tidal Wave of Change Is Headed for the U.S. Economy

When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products began disappearing from U.S. store shelves and American firms that depend on foreign materials were going out of business. A similar trend is beginning to play out, …

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Tariff News Is Scant Relief for Restaurants

Tariff News Is Scant Relief for Restaurants

Every waiter knows the type: the volatile diner who barges in with a list of demands, orders an off-the-menu item that sends the kitchen into a panic and then at the last minute changes his mind and decides he’ll just have the steak. So if anybody knows how to handle …

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Trump Announces ‘Reciprocal’ Tariffs Across the Globe

Trump Announces ‘Reciprocal’ Tariffs Across the Globe

President Trump signed a memorandum on Thursday ordering his advisers to calculate new tariff levels for other countries globally, an ambitious task that will shatter the rules of the global trading system and likely set off furious negotiations in the coming months. The president directed his advisers to come up …

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