Economy
- The ExplainerMarkets are reeling over Trump tariffs. Why it’s hard to win a trade war.President Donald Trump may be igniting a global trade war with big new tariffs. Here’s what it may mean for consumers and the economy.
- Is there a vision behind tariff chaos? Trump says it’s about jobs and fair trade.President Trump hopes to use reciprocal tariffs to boost national self-sufficiency while unleashing a jobs boom. What’s less clear is whether they can work.
- A new US manufacturing boom may bring more AI than jobsIf Donald Trump can convince manufacturers to come back to the U.S., it may set off not a jobs boom, but an automation boom, as new factories may be the world’s most automated.
- The ExplainerAs trade wars roil markets, what do retaliatory tariffs accomplish?As President Donald Trump raises tariffs, other nations are fighting back. They want to force negotiations, but it’s a high-stakes game of chicken for the global economy.
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- Trump pushes crypto with White House summit and bitcoin reserve planPresident Trump is pushing for a cryptocurrency reserve, and digital currency enthusiasts are hopeful. But critics are still wary of the speculative tender.
- Trump’s tariffs and job cuts fuel Main Street uncertaintyDonald Trump sailed into office on voter anger around inflation. Now his policies are creating uncertainty about prices, investment, and jobs.
- Uncle Sam as investor: Why America is considering a sovereign wealth fundPresident Trump continues to talk about creating a sovereign wealth fund. Economists say SWFs invite grift. But others say they cover for tax breaks.
- Risk of a trade war rises as Trump boosts tariffs globallyPresident Trump is hiking tariffs on steel and aluminum, and pledging to impose more. The question is whether this leads to a widening conflict or not.
- Tariffs on China but not Mexico, Canada? The stakes in a potential trade war.In postponing some threatened tariffs but not others, U.S. President Donald Trump is sowing uncertainty for businesses and consumers in his own country and abroad. His tactics could score some wins, but also carry big risks.
- Inflation’s lasting pressure: A hotel worker’s story shows the struggleInflation has come way down since June 2022. But the issue might have decided the recent election. Here’s one story, from a Boston hotel worker, of how its effects still weigh on Americans.
- First LookTrump imposes steep tariffs on Canada, Mexico, and China. Will it sabotage economic growth?President Donald Trump has signed an order to impose stiff tariffs on imports from Mexico, Canada, and China, fulfilling a campaign promise but raising the prospect of increased prices for American consumers.
- Globalization is over. Will Trump tariffs reset US-China rivalry?Speaking to Davos and Beijing, President Donald Trump is reaffirming that an era of free trade has given way to one focused around competition, especially between the U.S. and China.
- The ExplainerAmerica’s egg prices soar again. Farmers are seeking solutions.In one of the worst outbreaks in recent U.S. agriculture history, egg farmers are looking for new ways to contain a virus that spreads via wild birds.
- The Explainer$1 extra fries? McDonald’s value menu marks how chains are adapting or closing.Restaurants are grappling with inflation and a changing consumer, a mix that has pushed some eateries into bankruptcy. Analysts expect more to come.
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