News

Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain
The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget ...
Trump's 50% steel and aluminum tariffs take effect today. Here's what could get more expensive.
The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.
China Tariffs Mean Fewer, More Expensive Dolls for American Kids
The Trump administration’s trade war is hurting low-margin industries such as toy makers, where companies say there are few ...
China’s Xi has upper hand in trade talks after Trump jumped the gun on tariffs: Rhodes
President Trump’s top economic advisors will meet with Chinese trade representatives in London on Monday for a fresh round of ...
Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...
Tech job openings vanish as AI, tariffs change hiring landscape
Ahead of the release of the May jobs report, more companies are replacing workers with AI, compounding a tough job market and ...
Musk says Trump tariffs will cause a recession later this year
The tech billionaire has suddenly fallen out with Donald Trump, and the two are jousting on social media.
The Economist2d
Tracking the cost of Donald Trump’s tariffs
Another is that tariffs on “intermediate” goods, such as raw materials used to make other things, affect consumer prices ...
Lululemon Shares Tumble on Warning That Tariffs Will Hurt Profit
Apparel maker’s stock falls nearly 20% after company lowers its earnings forecast, citing trade war and a pullback in ...
US Inflation to Tick Higher as Tariffs Reach Consumers
US consumers probably saw slightly faster inflation in May, notably for merchandise, as companies gradually pass along higher ...