This has been the mealymouthed critique of President Donald Trump’s trade wars from many Democrats this past week. They awkwardly triangulate between bashing Trump’s catastrophic ideas and touting support for their own similarly spirited, if scaled-down, ideas. No wonder their…
Browsing: Economy
Keir Starmer was back at the Emirates Stadium on Tuesday to watch Arsenal’s 3-0 win over Real Madrid, a result that far exceeded expectations of his team’s chances in Europe. And, over the next few days, I wouldn’t be surprised if…
The United States and China have sharply raised tariffs on each other’s imports over the last week, raising the prospect of a long and painful trade war between the world’s two largest economies. Even as investors rallied to his decision to…
A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing the fate of two superpowers and threatening to drag down the world economy. The brinkmanship displayed by the two countries…
As the United States and China barreled headfirst into full-fledged trade war this week, one of Beijing’s most fashionable shopping districts was still bustling. People browsed a high-end perfumery, lounged outside coffee shops and waited in a wraparound line for…
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and raised fears of a recession. Just hours after he put punishing levies into place on nearly 60 countries,…
A sharp sell-off in U.S. government bond markets has sparked fears about the growing fallout from President Trump’s sweeping tariffs and retaliation by China, the European Union and others, raising questions about what is typically seen as the safest corner…
Stock prices fell sharply on Thursday after President Donald Trump the day before announced sweeping tariffs of 10% on all U.S. trading partners and higher levies on countries with which the U.S. has a trade deficit. With Thursday’s decline, the S&P 500 — a…
President Donald Trump’s trade policies are roiling financial markets and escalating recession fears. Some executives are using terms such as “disastrous” and “economic nuclear winter” to describe White House plans, unveiled last week, to impose 10 percent levies on all…
The stock market staged a brief rally Tuesday on hopes that President Donald Trump would turn from raising tariffs to cutting deals, before sinking amid renewed tough talk by administration officials. The S&P 500 index closed down 1.5 percent, bringing…