President Trump’s tariffs could drive up prices. His efforts to reduce the federal work force could increase unemployment. But ask economists which of the administration’s policies they are most concerned about and many point to […]
Tag: United States Economy
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
Americans hoping for some relief on inflation suffered a setback in February, as new data showed underlying price pressures intensifying even before the latest escalation in President Trump’s trade war and consumers pulled back on […]
Trump Announces 25% Tariffs on Imported Cars and Car Parts
Follow live updates on the Trump administration here. President Trump said on Wednesday that he would impose a 25 percent tariff on cars and car parts that were imported into the United States, a move […]
With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
Follow live updates on the Trump administration here. President Trump and his supporters have clashed with mainstream economists for years about the merits of tariffs. Now, the world will get to see who is right, […]