Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month: Keeping inflation expectations in check as price pressures rise is their No. 1 priority. On Friday, […]
Tag: Economic Conditions and Trends
Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him to rethink his approach. “I know what the hell I’m […]
Trump’s Tariff Goal Is to Eliminate Trade Deficits. Economists Have Doubts.
Behind President Trump’s decision to hit some of America’s largest trading partners with stiff tariffs is his fixation on the trade deficit that the United States runs with other nations. But many economists say that […]
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
After being smacked with double-digit percentage tariffs by a key ally, Japan finds itself with few retaliatory options. Since President Trump began threatening broad tariffs in January, Japan has pursued a conciliatory strategy, with Prime […]
Why These Islanders Hunt Dolphins
The call of a conch shell roused the dolphin hunters from their beds. Under moonlight, the six men shuffled to the village church. There a priest led them in a whispered prayer, his voice barely […]