President Trump, as he announced sweeping tariffs, batted away “very tired predictions” from critics of his economic agenda by citing a large decline in the price of eggs. “The price of eggs dropped now 59 […]
Tag: Trump
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 afloat: the manufacturing of ready-made garments, with the United States as their main market. Then […]
Ford Offers Discounts on Cars and Trucks as Auto Tariffs Kick In
Ford Motor said on Thursday that it was lowering prices on most of its vehicles to the same levels it charges employees in a bid to boost sales as President Trump’s tariffs on imported cars […]
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad. Yet it has proved surprisingly resilient, supported by the sturdy pillars of robust […]
Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them.
The Republican Party embarked this week on a haphazard experiment in economic policymaking, wagering that the United States can weather a monumental tax increase in the form of broad tariffs on imported goods as long […]