
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.
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.
Business leaders and investors remain on edge ahead of President Trump’s expected announcement of a sweeping new round of tariffs.
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.
Two dozen trade experts gathered recently to simulate how a global trade war would play out. The results were surprisingly optimistic.
The Office of the United States Trade Representative released a report highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.
A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
President Trump’s latest trade war threat is expected to come into effect this week, but businesses and investors remain unsure about how much it will hurt.
The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.
Paul Marchant has left the clothing retailer after “an allegation made by an individual about his behavior,” the company said.
Businesses that rely on immigrants are pushing for legislation to ensure an adequate, legal flow of laborers from abroad as deportations ramp up.
Advocates of higher birthrates have support in the Trump administration. But it’s unclear whether their priorities will win out.
“Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.
The move added to the list of actions by President Trump that use the powers of his office to weaken perceived enemies.
At a time of resistance to environmental, social and governance goals, pension funds have become a bulwark against efforts to sideline climate risks.
President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February.
The A.I. company is set to make its market debut on Friday amid concerns about its business model and the health of the wider economy.