When Congress voted to normalize trade relations with China at the beginning of this century, U.S. manufacturers braced for a stream of cheap goods to begin flowing into U.S. ports. Instead, they got a flood. […]
Tag: United States Economy
Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
President Trump’s whipsawing tariff policy has prompted bipartisan alarm on Capitol Hill, where Democrats are outraged and Republicans are caught between their deep opposition to tariffs and fear of criticizing Mr. Trump. The president’s abrupt […]
Climate Change Could Become a Global Economic Disaster
As stocks gyrate in response to President Trump’s on-again, off-again tariffs, the world is understandably focused on the immediate chaos affecting the global economy. Yet over the past few months a number of signals have […]
Trump’s Tariffs Could Impact Apparel Companies That Make Clothing in the U.S.
On the open 15th floor of a loft building in Midtown Manhattan, about a dozen skilled workers make their way through piles of pants, stitching each piece together with focus and precision. Some of the […]
Bond Sell Off Raises Questions About U.S. Safe Haven Status
A sharp sell-off in U.S. government bond markets and the dollar has set off fears about the growing fallout from President Trump’s tariffs, raising questions about what is typically seen as the safest corner for […]
