Trump, Tariffs and U.S. economy
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I'm under no illusions that there could be surprises just around the corner,” said Ernie Tedeschi, Director of Economics at the Yale Budget Lab.
Regardless of the outcome of the tariff litigation, tariffs are likely to continue in some form. Falling recession odds and AI spending continue to send stocks higher.
The ruling "maybe cost us a week, but then everybody came right back to the table," the commerce secretary said.
President Donald Trump’s doubling of tariffs on foreign steel and aluminum could hit Americans in an unexpected place: grocery aisles.
Important measures of the economy like the unemployment rate and inflation have stayed stable so far despite President Donald Trump's trade wars, but that could soon change, forecasters say.
The business community in southern Arizona is grappling with tariffs on imports and federal policies impacting tourism, retail and manufacturing.
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.
A US federal appeals court decided on Thursday night that Trump's global tariffs can temporarily stay in place while it considers the White House's appeal against the trade court's judgement - but the future of the President's tariff agenda remains in the balance.
The U.S. faces increased unemployment claims and a dimming economic outlook, exacerbated by tariffs. The Labor Department reports a significant rise in jobless benefits, especially in Michigan, linked to tariffs.
Overall, people aren’t pulling back on their spending or travel, despite the impact of President Trump’s tariff whiplash on the markets, Kirby said at WSJ’s Future of Everything event Thursday. United has seen some weakness in domestic economy flight bookings,