Trump Will Impose Tariffs on Steel and Aluminum on Monday
The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.
The president said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week.
President Trump announced potentially crippling tariffs against Canada, only to suspend them for 30 days. What will satisfy him remains unknown.
The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.
U.S. employers added 143,000 jobs last month, somewhat fewer than forecast, while unemployment fell to 4 percent and hourly earnings rose.
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump administration is considering letting them go private again.
Many Democrats and activists are rallying to defend diversity programs, but others say they distract from deeper efforts to address inequality.
The Labor Department’s January survey will include revisions making data for previous months look stronger in some cases and weaker in others.
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.