Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.
The agreement comes after other American allies, like Japan, clinched their own deals, partly to moderate President Trump’s tariff threats.
U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term.
The president stopped short of putting a 50 percent tariff on refined copper, as he had threatened earlier this year. The market reaction was swift anyway and prices tumbled.
Two top Fed officials voted against the central bank’s decision to leave rates unchanged, the first dual dissent in more than 30 years.
The International Monetary Fund warned that trade tension continued to be a risk for the global economy.