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 […]
Tag: United States Politics and Government
7 Americans Weigh In on Trump’s Sweeping Tariffs
‘As a business owner, you don’t make money right away, right?’ Hamid Chaudhry, 53, from Reading, Pa. “I live in Trump country,” Hamid Chaudhry said. “Nobody is panicking.” The owner of a farmer’s market, he […]
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, […]
Ted Cruz and Other Senate Republicans Question Trump’s Tariffs
Some Republican senators on Capitol Hill, including one of President Trump’s most ardent supporters, have signaled their uneasiness to the sweeping global tariffs that the president announced this week and that sent global markets reeling. […]
Republican Plan to Kill California’s E.V. Policies Hits Senate Snag
Republicans in Congress cannot use an obscure legislative maneuver to stop California’s ban on the sale of new gasoline-powered cars by 2035, the Senate parliamentarian ruled on Friday. The decision dealt a blow to efforts […]
