Business
The Fed Isn’t Rushing to Save the Markets This Time
The notion that the Federal Reserve will rush in to rescue investors in a crisis has comforted investors for decades. But in the big…
Tag
Donald J
Politics
Trump Is Defiant as Tariff Moves Roil Markets a Second Day
Two days after President Trump announced his expansive global tariffs, the United States confronted wide-ranging and painful blowback, as…
Politics
Ted Cruz and Other Senate Republicans Question Trump’s Tariffs
Some Republican senators on Capitol Hill, including one of President Trump’s most ardent supporters, have signaled their uneasiness to the…
Politics
More Than 500 Law Firms Back Perkins Coie in Fight With Trump
More than 500 law firms on Friday threw their support behind some of their embattled peers, declaring that President Trump’s recent…
Business
Investors Recoil From Trump’s Pledge to Remake the Global Economy
Investors around the globe this week sent President Trump a clear message about his new tariff policy, announced triumphantly as a…
Politics
Trump Calls India a Friend, but Is Trying to Block Its Imports
Sizing up what President Trump’s new tariffs mean for India was a puzzle from the start for even the country’s top trade economists. Its…
Politics
U.S. Employers Added 228,000 Jobs in March, but Outlook Is Clouded
U.S. employers accelerated hiring in March, a surprising show of strength that analysts warned might be the high-water mark for the labor…
Politics
China Retaliates Against Trump With 34% Tariff on U.S. Goods
The Chinese government will match President Trump’s plan for 34 percent tariffs on goods from China with its own 34 percent tariff on…
Business
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
In the weeks leading up to his expansive global tariffs, President Trump and his top aides tried to prime the public for economic pain.…
Business
Stocks Fall Further as Concern About Tariffs Deepens
Share prices fell sharply for a second day on Friday in Asia, and futures market trading indicated that American share prices might soon…
Business
FDA Layoffs Could Raise Drug Costs and Erode Food Safety
Health Secretary Robert F. Kennedy Jr. announced wide-ranging cutbacks at federal health agencies, including the Food and Drug…
News
E.U. Prepares Major Penalties Against Elon Musk’s X
European Union regulators are preparing major penalties against Elon Musk’s social media platform, X, for breaking a landmark law to…
Politics
Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China
The New Civil Liberties Alliance — a nonprofit group that describes itself as battling “violations by the administrative state” — sued the…
Politics
Trump Is Promising a Manufacturing Renaissance. Is That Even Possible?
President Trump’s imposition of tariffs on a scale unseen in nearly a century is more than a shot across the bow at U.S. trading partners.…
Politics
With TikTok Deadline Looming, Details of a Potential Deal Emerge
Two days before a deadline for TikTok to be sold to a non-Chinese company or otherwise face a ban in the United States, a deal has not yet…
Politics
Trump Imposes Tariffs on Remote Islands
President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing.…
Business
Trump’s Trade War Risks Forfeiting America’s Economic Primacy
The global economic system that the United States has shaped and steered for more than three-quarters of a century was animated by a…
Politics
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Prime Minister Mark Carney said that Canada had introduced a 25 percent tariff on cars and trucks made in the United States in retaliation…
Politics
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
President Trump on Wednesday ordered the closure of a loophole that allows retailers to directly send clothes and other goods from China…
Politics
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
Through Covid, political chaos, and economic disarray, Sri Lanka and Bangladesh kept one industry central to their hopes of prosperity…
Politics
Fact-Checking Trump’s Claim About Egg Prices
President Trump, as he announced sweeping tariffs, batted away “very tired predictions” from critics of his economic agenda by citing a…
Business
Oil and metals prices fall on concerns about the global economy.
Oil prices plunged Thursday on fears that President Trump’s latest round of tariffs would slow economic growth around the world, curbing…
Politics
Russia’s Escape From Trump’s Tariffs Raises Questions
When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia. Treasury Secretary Scott…
Politics
A Stunned World Reckons With Economic Fallout From Trump’s Tariffs
Laptop computers from Taiwan, wine from Italy, frozen shrimp from India, Nike sneakers from Vietnam and Irish butter. These products are…