Trump Turns to Untested Tariffs to Reorder Global Trade
President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.
National/regional news and analysis
Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World
Swiss officials plan to negotiate urgently for a lower rate, before the punishing levy takes effect next week.
Fed Governor Steps Down Early, Giving Trump Opportunity to Appoint New Official
The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.
Trump, Claiming Weak Jobs Numbers Were ‘Manipulated,’ Moves to Fire Labor Official
Economists said ousting the head of the Bureau of Labor Statistics could undermine confidence in government economic data.
Cambodia Agrees to a Reduced Tariff and Breathes a Sigh of Relief
Initially 49%, it was lowered to 19%, easing worries of a damaging hit to the country’s garment and footwear production industries.
Recent global trade deals with the U.S. were secured with murky investments.
were secured with huge, often vaguely defined investment pledges from partners like Japan.
How Tariffs Raise Costs for Farmers, Making Food More Expensive
The latest round of tariffs is likely to make agricultural production even more expensive and, potentially, limit access to goods not produced in the United States.
Federal Government Shed 12,000 Jobs in July
The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force.
Big Downward Jobs Revisions Could Be a Warning Sign for the Economy
Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market.
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.
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