President Trump’s plan to impose sweeping tariffs on most of America’s trading partners has governments across the globe racing to schedule phone calls, send delegations to Washington and offer up proposals to lower their import […]
Tag: United States Economy
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to America’s standing and trade relationships around the world, the chief executive of Wall Street’s biggest bank […]
What Is a Bear Market? Are We in One?
President Trump’s global tariffs have sent stock markets worldwide into a tailspin, and the S&P 500 on Monday entered bear market territory for the first time since 2022. Mr. Trump has seemed unmoved by the […]
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic fallout from President Trump’s latest round of tariffs reverberated around […]
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
It was a bad week for Ben Coryell, who runs a wilderness guiding company in Golden, Colo. He got several calls from customers who wanted to cancel their climbing courses and mountaineering expeditions over the […]