US Poverty Rate Was Stable in 2024, as Household Income Rose Slightly
As pandemic subsidies disappeared, wages kept workers just ahead of inflation, although gaps have widened for some groups.
A Second Weak Jobs Report Challenges Trump’s Claim the Economy Is Booming
After a bad employment report in August, President Trump fired the official in charge of the numbers. This month’s data was just as disappointing.
Mounting Deportations Meet Slow Hiring in a ‘Curious Kind of Balance’
An influx of immigrants helped ease worker shortages, and now their expulsion is helping to mask the country’s weakening demand for labor.
U.S. Imports Rose in July Following Months of Trade Turmoil
Trade rebounded slightly after President Trump’s sweeping global tariffs discouraged foreign countries from doing business with the United States, data released Thursday showed.
Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.
After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs
The president and his advisers have suggested they will fight a federal appeals court’s ruling that found many of the administration’s tariffs to be illegal.
Trump’s Sweeping Tariffs Invalidated by Appeals Court
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.
How Trump Could Gain Control of the Fed
President Trump’s attempt to fire Lisa Cook has laid bare the erosion of the Federal Reserve’s independence, which could lead to economic consequences for Americans, The New York Times’s chief economics correspondent explains.
Nothing Could Topple the ‘Queen of Heels.’ Then Trump Came Along.
The president’s steep tariffs and erratic moves have turned manufacturing abroad into a minefield, even for entrepreneurs who set up in countries viewed as safe alternatives to China.
Europe Is Spending Big on Defense. Will That Help Its Ailing Economy?
Leaders in Britain and the European Union are promoting the promise of economic benefits from increased military spending, but there is a trade-off.
The A.I. Spending Frenzy Is Propping Up the Real Economy, Too
The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
Trump Starts Investigation That Could Lead to Tariffs on Wind Turbines
The tariffs would hamper a clean energy industry that the president has often railed against.
Europe Gets a Written Trump Trade Deal, With a Caveat for Automakers
Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.
Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.
Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain.
A New Way to Reduce Children’s Deaths: Cash
Simply giving money to poor families at certain times reduced deaths among young children by nearly half, a new study found.
China’s Exports Surged in July as Companies Raced to Beat Trump Tariffs
China is shipping more goods to Southeast Asia and other regions that often re-export them to the United States. China still sells three times as much to the United States as it buys.
Trump Warns of Economic Disaster if Court Strikes Down Tariffs
The president has crowed about the billions of dollars collected so far from tariffs. That money could be at risk if the White House loses the legal battle.
Southeast Asia Looks for Clarity From U.S. on ‘Rules of Origin’
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
Effect of U.S. Tariffs on British Companies Is ‘Milder Than Feared,’ Central Bank Says
Britain’s economy is driven by domestic factors more than global ones right now, the governor of the Bank of England said on Thursday, when the central bank cut interest rates.
Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs
Large firms with big bank balances, workers already in jobs and households near the top of the income ladder will have an easier time navigating the economic waves.
Tariffs on China Set to Rise Sharply Tuesday if No Deal Is Reached
President Trump has yet to formally sign off on an agreement to extend an economic cease-fire with China, which expires on Tuesday.
Trump’s Tariffs Could Raise Prices on Many Consumer Goods
The tariffs are driving up prices on everyday goods as businesses warn they can no longer absorb costs, leaving consumers to foot the bill.
Swiss Businesses Fear Trump’s 39% Tariff Will Create ‘Worst-Case Scenario’
Goods shipped from the country face a 39 percent tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
Car Companies Are Paying Tariffs So You Don’t Have To
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
New Tariff on ‘Transshipped’ Goods Mystifies Importers
The Trump administration levied a hefty tariff on goods that are moved through other countries, but it has not yet fully explained its plans.
Trump Is Removing Billy Long as the I.R.S. Head 2 Months After He Was Confirmed
Billy Long, a former Republican congressman, will no longer serve as the tax agency’s head. Treasury Secretary Scott Bessent will oversee the agency as acting commissioner, according to a U.S. official.
Some safe-haven assets have soared against the U.S. dollar.
Some safe-haven assets have soared against the U.S. dollar.
Stocks End Mixed, as Investors Take Steeper Tariffs in Stride
The S&P 500 ended the day 0.1 percent lower, a muted move compared to the upheaval when tariffs were first announced in early April.
Overturning the global trade system, Trump puts his ideas to the test.
Overturning the global trade system, Trump puts his ideas to the test.
Trump to Double India’s Tariff to 50% Over Russian Oil Purchases
Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.
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.
U.S. Imports Slid in June on Higher Tariffs
Imports from other countries fell around 4 percent from the previous month as President Trump’s steep tariffs discouraged businesses from ordering goods.
India Reels From the Shock of Trump’s Onslaught
Russian oil poses just one problem. Business groups are flummoxed by the variety and vagueness of the American president’s complaints.
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.
Stock Market Posts Worst Week in Months on Renewed Economic Fears
Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.
Fed Governor Resigns, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
Stocks Drop as Trump’s New Tariffs Weigh on Markets
Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.
Will Trump’s Tariffs Close Income Gaps and Bring Factory Jobs Back to the U.S.? Probably Not.
The president has pitched his trade policies at workers who feel left behind by globalization. But that doesn’t mean trade barriers will revive factories and close income gaps.
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.
Trump, Claiming Weak Jobs Numbers Were ‘Rigged,’ 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.
South Korea Reaches Trade Deal With Trump
The agreement comes after other American allies, like Japan, clinched their own deals, partly to moderate President Trump’s tariff threats.
Countries Promise Trump to Buy U.S. Gas, and Leave the Details for Later
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.
See How Often Two Fed Governors Have Dissented on a Rate Change Vote
Two top Fed officials voted against the central bank’s decision to leave rates unchanged, the first dual dissent in more than 30 years.
Trump Is Winning His Trade War. What Will That Mean for the Economy?
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.
I.M.F. Raises Global Growth Outlook as U.S. Eases Some Tariffs
The International Monetary Fund warned that trade tension continued to be a risk for the global economy.
Who Pays for U.S. Tariffs, and Where Does the Money Go?
President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works.
Trump Administration Keeps 19 Percent Tariff on Indonesia in Trade Deal
The administration provided some insight into the terms that were agreed upon between Indonesia and the United States, hinting at how other vague and hastily negotiated deals may turn out.
Investment Fund Seals Trade Deal for Japan and Expands Trump’s Influence
President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
Trump to Visit Federal Reserve As Campaign Against Powell Intensifies
The administration has repeatedly criticized Jerome H. Powell, the chair of the central bank, for his handling of the economy and the cost of renovations at the institution’s headquarters.
Trump’s Tariffs Are the Highest in a Century. But After His Threats, They Seem Like a Relief.
The president imposed tariffs on Japan, one of America’s closest allies, that would have been alarming just months ago. And markets went up.
Trump Administration Keeps Pressure on Powell Over Rate Cuts and Renovations
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and a $2.5 billion revamp of the central bank’s headquarters.
Philippines’ Leader Meets With Trump to Clinch Trade Deal
President Trump announced that he had secured a deal with the country that will leave a 19 percent tariff in place, though no details were immediately available.
He Helped Big Companies Dodge Taxes. Now He’s Writing the Rules.
Ken Kies, a longtime tax lobbyist who worked for some of the world’s largest businesses, is now running the Treasury Department’s office that will administer Trump’s tax law.
Trump Announces ‘Great Deal’ on Trade With Indonesia
President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia’s president called Mr. Trump a “tough negotiator.”
It’s No Bluff: The Tariff Rate Is Soaring Under Trump
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
Rising Inflation Underscores Risks in Trump’s New Tariff Threats
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
Trump Adds 17% Tariff on Tomatoes From Mexico
The Trump administration is adding a 17 percent tariff to a year-round grocery store staple, while funneling more business to domestic tomato growers, largely in Florida.
The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.
To Sidestep Trump Tariffs, Asian Nations Seek New Trade Partners
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading partners as a way around the United States.
Trump Escalates Tariff Threats, Showing Little Interest in New Trade Deals
The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.
As Trump Sows Tariff Confusion, Rules of Global Commerce Give Way to Chaos
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.
Trump Fuels Fear Among Immigrant Farm Workers in California’s Central Valley
The fertile valley feeds the world. President Trump has thrown farmers and farmworkers there into turmoil, but recently offered them a glimmer of hope.
Trump Takes Reins on U.S. Economy With Policy Bill and Tariffs Renewal
President Trump has achieved much of his agenda, leaving the fate of the economy squarely in his hands.
Trump Treats Tariffs More as a Form of Power Than as a Trade Tool
Instead of viewing tariffs as part of a broader trade policy, President Trump sees them as a valuable weapon he can wield on the world stage.
Trump’s New Trade Threats Set Off Global Scramble to Avoid Tariffs
Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.
The Mexican Businessman Grateful for Trump’s Tariffs
A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.
Trump Keeps Foreign Countries on Edge as Tariff Deadline Nears
The president is again threatening higher tariff rates on a dozen foreign nations, as a deadline elapses this week for making trade deals.
Trump Tells Japan and South Korea Their Tariff Rate: 25%
The tariffs on two of America’s closest allies would go into effect Aug. 1, unless the countries reach some kind of trade agreement with the United States.
Can Indonesia Afford Prabowo’s Free School Lunch Program?
Indonesia’s president promised free meals for every student in the country. But unemployment is rising, and some analysts say he’s making matters worse.
Trump Says U.S. Has Reached Trade Deal With Vietnam
The president said he had agreed to initial trade terms with Vietnam, the second country to strike a limited deal after Mr. Trump threatened steep tariffs.
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
Trump’s Big Policy Bill Puts U.S. on Perilous Fiscal Path
Among the most expensive pieces of legislation in years, the Republican legislation could reshape the country’s finances for a generation.
Trump’s Threat of More Tariffs Slows Trade Deals
As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on their critical industries.
Trump Administration Signals Trade Talks May Extend Beyond July Deadline
The Treasury secretary said negotiations with some countries might last until Labor Day, signaling that the White House may hold back from imposing tariffs on some trading partners in early July.
Some Republicans Join Democrats in Unease Over White House Budget Cuts
President Trump has sought to claw back funds for public broadcasting and foreign aid, sparking a fierce debate over the power of the purse.
How Yemeni Cafes like Haraz Coffee House Are Building Momentum and Community
For cafes like Haraz Coffee House, riding a wave of interest nationwide in late-night, alcohol-free gathering spaces means embracing the franchise model.
White House Faces Risk of Economic Fallout From Iran Strike
President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. “KEEP OIL PRICES DOWN.”
How Trump’s Trade War Has Whipsawed the Port of L.A.
The nation’s largest ports, in Los Angeles County, are a bellwether for the economy. They are being whipsawed as President Trump reorders global trade.
No Rock Stars, No Mercedes: A Russian Expo Shows the Cost of Divorce With the West
The annual economic forum in St. Petersburg used to yield multibillion-dollar deals and feature performances by global music stars. With the war in Ukraine still raging, the mood has shifted.
Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook
The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.
Companies Ask Supreme Court to Fast-Track Challenge to Tariffs
Two toy manufacturers asked the court to greatly expedite their case, in an unusual request.
House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation.
Senate Republicans Propose Key Tax Tweaks to House Bill
Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.
‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
Administration officials secured a deal that will give the president unusual influence over a private company, and could serve as a model for other deals.
As Trump Returns to G7, Rift With Allies Is Even Deeper
In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.
Where’s the Inflation From Tariffs? Just Wait, Economists Say.
Are predictions for a jump in consumer prices too early, or just wrong?
Trump Steel Tariffs Expand to Hit Home Appliances Like Refrigerators and Dishwashers
The move is one of the first times this year that consumer products were specifically targeted with higher import taxes.
New China Trade ‘Deal’ Takes U.S. Back to Where It Started
If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.
Trump Administration Holds Trade Talks With China as Fight Over Rare Earths Escalates
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
U.S. Court Agrees to Keep Trump Tariffs Intact as Appeal Gets Underway
The appeals court’s decision delivered an important but interim victory for the Trump administration.
European Union Unveils Fresh Sanctions on Russia, Including a Nord Stream Ban
Ursula von der Leyen, president of the European Commission, announced a proposal meant to ramp up pressure on Moscow.
Democrats Hate Trump’s Policy Bill, but Love Some of Its Tax Cuts
There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they make the case for enactment of their sprawling domestic legislation.
Trump Aides Urge Court to Spare Tariffs as They Dismiss Worries in Public
The dueling narratives come as the administration is asking an appeals court to preserve a set of tariffs recently deemed to be illegal.
Fired by DOGE, More Federal Workers Are Flooding the Job Market
The drastic, sudden pullback in federal dollars is collapsing opportunities for many who’ve spent years in public service.
U.S. and China to Hold Economic Talks in London
Top American economic officials will meet with their Chinese counterparts next Monday in hopes of breaking a trade stalemate, President Trump said.
As Trump’s Tariffs Reshape Trade, Businesses Struggle With Economic Uncertainty
Policymakers and business owners are navigating a highly uncertain moment for the economy, wary of overreacting but watchful of a meaningful downturn.
Marina von Neumann Whitman Dead: International Trade Expert Was 90
She was the first woman to serve on the White House Council of Economic Advisers. At General Motors, she became one of the highest-ranking women in corporate America.
How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
Trump’s 50% Tariffs on Steel and Aluminum Imports Go Into Effect
The president has ratcheted up the rate on foreign metals to 50 percent, double the previous rate, saying the levies weren’t high enough to help the U.S. industry.
U.S.-China Trade War Morphs From Tariffs Into Fight Over Supply Chain
Instead of battling over tariffs, Washington and Beijing have turned to a potentially far more harmful strategy: flexing their control over global supply chains.
Trump’s Tariffs Expected to Drag Down the Global Economy
Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said.
As Courts Call Tariffs Into Question, Trump Again Turns to His Favorite Tool
The president is set to raise tariffs on steel and aluminum this week, even as the courts are challenging the legitimacy of other levies.
Trump Criticizes the Fed in a Private Meeting With Powell
Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”
Tariff Ruling Gives Businesses Hope, but They’re Soon Unmoored Again
Companies welcomed a court decision striking down President Trump’s tariffs. Then a stay of that ruling left no one breathing easy.
Trump Officials Unveil Budget Cuts to Aid for Health, Housing and Research
The new blueprint shows that a vast array of education, health, housing and labor programs would be hit, including aid for college and cancer research.
How Skateboarders Helped Rebuild San Francisco’s U.N. Plaza
Made quickly and with minimal fuss, a park for skateboarders revived a downtown site — and offered a few lessons for urban revitalization.
Trump Accuses China of Violating Trade Agreement
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
Trump Makes a New Push to ‘Decouple’ U.S. From China
Trump administration officials are getting a second chance to try to sever ties with China by starting a trade war, imposing export controls and revoking student visas.
U.S. Pauses Exports of Jet Engine and Chip Technology to China
President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.
Trump’s Tariffs Drive a Rise in Trade Crime
President Trump’s steep global tariffs have supercharged efforts to evade them. Some U.S. companies say the government is ill equipped to keep up.
Trump’s Plan to Revive US Shipbuilding Would Take Billions and Many Years
President Trump and members of Congress want to revive U.S. shipbuilding with subsidies and penalties against Chinese-built ships. But there are obstacles.
Under Trump, the Small Business Administration Clamps Down
At the Small Business Administration, deep staffing cuts and stricter loan terms are making it harder for entrepreneurs to get access to capital, contracts and technical assistance.
Have You Seen Evidence of Trade Crime? We Want to Hear From You.
The New York Times is looking to talk to business owners and employees who have seen evidence of tariff dodging or customs fraud.
Global Economic Officials Gather Amid Headwinds From Trump’s Trade War
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
Trump Berates Walmart and Mattel for Warning About Tariff Price Increases
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.
Trump’s Computer Chip Deals With Saudi Arabia and UAE Divide US Government
Big deals to sell chips to the U.A.E. and Saudi Arabia have divided the U.S. government over whether they could be remembered for shipping cutting-edge A.I. overseas.
Funeral Homes Are Forced to Innovate as Consumer Preferences Shift
As cremation rates rise and consumer preferences shift, funeral homes are innovating in surprisingly unconventional ways so they don’t die out.
Trump Administration Considers Large Chip Sale to Emirati A.I. Firm G42
The firm, which the U.S. government scrutinized for its ties to China, is angling for hundreds of thousands of advanced artificial intelligence chips in a deal that could be finalized this week.
The World Is Wooing U.S. Researchers Shunned by Trump
As President Trump guts American research institutions, world leaders see a “once-in-a-century brain gain opportunity.”
Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
Trump’s China Deal Frees Up Shipping. Will Goods Pour Into the U.S.?
The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity
As the president heads to the Middle East, America’s dominance over A.I. chips has become a powerful source of leverage for the president.
Why America’s ‘Beautiful Beef’ Is a Trade War Sore Point for Europe
European officials call food safety standards a “red line,” as Trump administration officials criticize rules that keep American beef and other meats off grocery shelves.
Trump Suggests Openness to Slashing China Tariffs Ahead of Trade Talks
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
U.S.-U.K. Trade Deal to Build on Close Ties but Leave Some Tariffs in Place
Much of the agreement President Trump unveiled Thursday still needs to be negotiated, but the administration said the deal with one of America’s closest allies would be the first of many.
How India Is Trying to Squeeze Pakistan Far From the Battlefield
The nuclear-armed rivals are also wrangling over Pakistan’s access to desperately needed foreign aid, as India explores ways to use its soft power and relationships to bedevil its old enemy.
Can President Trump Turn Back the Economic Clock?
The president thinks he can return America to manufacturing glory — but the cycles of economic history are hard to break.
Trump’s Threatened Tariffs Are So Large, 10% Feels Like a Relief
As he proposes ever stiffer tariffs, President Trump has normalized his merely big ones.
U.S. and China to Hold First Trade Talks Since Trump’s Tariffs
Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, will discuss trade and economic matters with the officials this week.
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
The Treasury secretary urged executives and entrepreneurs to look beyond the Trump administration’s trade agenda.
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor also reported a sharp drop in profits in the first three months of the year.
New Data Provide a Pre-Tariff Snapshot of a Stable but Slowing Labor Market
But the effects of the levies, which have created uncertainty for businesses, have not yet been fully felt.
‘People Who Are Salaried Are Crying’: Taxes on Workers Add to Debt Misery
Increased payroll taxes are one element of a desperate bid in Kenya to keep the government running and pay off the country’s foreign creditors.
Would the Housing Crisis Ease if Boomers Rented Out Their Empty Rooms?
Millions of single-family homes are underused, on spacious lots. Refitting them for “roommate houses” or backyard cottages could make a difference.
Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
For countries that depend heavily on oil revenue, dropping prices are worrisome.
How Trump May Unintentionally Cut Carbon Emissions
Despite his administration’s lack of concern about climate change, a recession would give the atmosphere a break. At least in the short term.
A Tidal Wave of Change Is Headed for the U.S. Economy
American consumers are not yet seeing much evidence of the drastic changes President Trump has made on trade. But they are on their way.
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
Supporters say the change is important to stop cheap Chinese goods from entering the U.S. But the decision could drive up prices for goods Americans buy online.
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25 percent tariffs on imported cars and auto parts.
White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
The White House press secretary, Karoline Leavitt, attacked the retail giant over a report that suggested Amazon would highlight tariff-related price increases. Amazon said it was “not going to happen.”
Trump, on Tariffs, Says ‘Maybe the Children Will Have 2 Dolls Instead of 30’
At the end of a cabinet meeting, the president allowed for the possibility that trade war could disrupt supply chains.
Here’s What 7 Americans Think of Trump’s First 100 Days
Here’s what a variety of voters who made their choices in November’s election with some hesitation had to say about President Trump’s first 100 days.
Trump Signs Executive Order Walking Back Some Auto Tariffs
Most levies on imported cars and car parts will remain in place, but automakers have secured some relaxation of the trade policy.
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
Why the Economic Disruption From Trump’s Tariff War Will Be Hard to Reverse
The president’s turnover of the economic order has unleashed changes that could prove lasting, because other countries will adjust.
Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Medicines and chemicals are huge exports for European Union countries. That makes the sector a weak spot as trade tensions drag on.
Trump’s Tariffs Prompt Wave of Lawsuits
The cases are the latest test of the president’s expansive claims of executive power.
In Trade War Clash With Trump, China Refuses to Take the Bait
The Trump administration has been saying that the two countries are engaged in talks to resolve the dispute, but Beijing asserts that no such discussions are happening.
China Rejects Trump Claim of Tariff Talks With Xi
President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.
Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
Trump Team Races to Form Trade Deals After Tariffs Sow Global Chaos
The president’s threats of tariffs have brought countries like Japan, South Korea and India rushing to negotiate, but they have sown chaos with bigger trading partners like China.
On Major Economic Decisions, Trump Blinks, and Then Blinks Again
President Trump has said his punishing tariffs would force companies to build factories in the United States. But it is far from clear that they will have the effects he predicted.
Republicans Debate Higher Taxes on the Rich
The idea of raising taxes on rich Americans has caught the Republican Party between its populist ambitions and low-tax instincts.
Chobani Plans to Invest Over $1 Billion in New N.Y. Factory
The company, which has branched out from Greek-style yogurt, will invest more than $1 billion in the plant in the city of Rome.
After Trump Spares Apple, Other Businesses Want a Tariffs Break
Retail executives huddled with the president amid fears that tariffs could result in higher prices.
Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers.
Peter Navarro: The Architect of Trump’s Tariffs
Once sidelined, President Trump’s counselor Peter Navarro has returned to Washington and quickly upended the global trading system.
Inside a Union’s Fight Against Trump’s Federal Job Cuts
Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.”
The Business Playbook for Tariff Chaos
President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers.
Meloni and Trump Oval Office Meeting Cements Special Rapport
In Washington, President Trump lavished praise on Prime Minister Giorgia Meloni of Italy. He also accepted her invitation to visit Rome.
The Trump Billionaires Who Run the Economy and the Things They Say
“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.
Trump Shifted on Tariffs After Bond Holders Got Jittery. He Held Millions Himself.
As of August, the president’s investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs.
Unions Form Pro Bono Legal Network for Federal Workers Targeted by Trump
Organized labor has taken a leading role in challenging the Trump administration’s downsizing agenda in court. A new service will offer more individualized representation.
IMF Warns Trump Tariffs Will Weaken Economy and Increase Inflation
Kristalina Georgieva, the managing director of the International Monetary Fund, warned in a speech that protectionism erodes productivity.
Trump Joins Japan Trade Talks, Says ‘Big Progress’ Made
For his first face-to-face talks on tariffs, the president chose Japan, a U.S. ally that decades ago stirred his anger over the unequal balance of trade and his penchant for tariffs.
Powell Warns Trump Tariffs Could Trigger Higher Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
The Grand Egyptian Museum Is Finally Open. (Well, Mostly.)
The Grand Egyptian Museum, outside Cairo, has been delayed by revolutions, wars, financial crises and a pandemic. At long last, here’s a look inside.
What to Know About Who Pays the Higher Costs of Trump’s Tariffs
President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.
Trump’s Dilemma: A Trade War That Threatens Every Other Negotiation With China
President Trump is staking everything on winning by imposing tariffs on China. But the fight threatens to choke off negotiations about other issues like Taiwan, fentanyl, TikTok and more.
Trump Moves to Put New Tariffs on Computer Chips and Drugs
Citing a national security statute, the administration has begun a process to investigate the impact of imported semiconductors and pharmaceuticals.
As Trump Upends Global Trade, Europe Sees an Opportunity
Ursula von der Leyen is trying to ensure that if the international trading system is remade, the E.U. is at the center of what comes next.
A Devastating Trade Spat With China Shows Few Signs of Abating
The Trump administration is in a standoff with the Chinese government as trade tensions escalate, leaving U.S. businesses in the cross hairs
Did Trump Manipulate the Stock Market?
President Trump’s post on social media caused the stock market to respond in an unusual way. Rob Copeland, a finance reporter for The New York Times, explains whether this could be considered market manipulation by the president.
As Tariffs Hit, Americans Are Racing to Buy Car Seats, iPhones and Christmas Gifts
Many Americans have purchased foreign-made products out of fears that companies could start to raise prices soon.
Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy
The Treasury secretary received counsel and criticism from some of his predecessors over President Trump’s policies.
Bond Market is Upended by Trump’s Tariffs
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.
After Trump’s Tariffs Pause, the EU Takes a Moment to Reassess
The bloc was about to enact retaliatory tariffs when President Trump made his last-minute U-turn. What comes next is unclear.
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president also further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.
E.U. Officials Set to Vote Today on First Retaliatory Tariffs
The European Union is poised to approve a plan to hit back at President Trump’s steel and aluminum levies. Further measures could come next.
Musk Slams Navarro, Trump’s Trade Adviser, Exposing Inner Circle Rift
The feud between two of President Trump’s top advisers is playing out as the administration’s new tariffs have caused huge losses across global financial markets.
Stock Market Chaos Over Tariffs Could Take Toll on Economy
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
Trump Says No Pause to Tariffs as He Targets China for Retaliation
The president said he would counter Beijing’s tariffs, which came in response to Mr. Trump’s own levies, with even more tariffs on Chinese imports.
Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.
Trump Imposes Tariffs on Remote Islands
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.
Not Even a Royal Invite Spared the U.K. From Trump’s Tariffs
In spite of a prolonged charm offensive by Prime Minister Keir Starmer, President Trump said that Britain would be hit with the universal base rate levied on all countries.
Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
Trump Is Set to Unveil Expansive Global Tariffs
The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.
Trump Says His Tariffs Will Take Effect Wednesday
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.
As Trump Stokes Uncertainty, the Fed Asks Businesses Where It Hurts
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.