Economy

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.

If 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.

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.

President Trump is pushing for a cryptocurrency reserve, and digital currency enthusiasts are hopeful. But critics are still wary of the speculative tender.

Donald Trump sailed into office on voter anger around inflation. Now his policies are creating uncertainty about prices, investment, and jobs.

President Trump continues to talk about creating a sovereign wealth fund. Economists say SWFs invite grift. But others say they cover for tax breaks. 

President 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.

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 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.

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.