While the tariffs are unlikely to stem Chinese intellectual property theft or reverse the steep trade deficit, they are certain to hurt American companies and consumers.
An ice sculpture titled ‘Main Street Meltdown’ melts near Wall Street.
AP Photo/Frank Franklin II
The collapse of an obscure corner of the financial market a decade ago foreshadowed the Great Recession. The stock-market swoon in February should offer a similar warning.
Bush, seen here in 2006, revoked his steel tariffs less than two years after imposing them in 2002.
Reuters/Jason Reed
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
President Donald Trump delivers his State of the Union address to a joint session of Congress.
Reuters/Jonathan Ernst
The billionaires, business leaders and other elites who gathered in Davos praised the president’s policies, yet research on the politics of economic growth suggests it’s too soon to celebrate.
At least one economist worries we’ll be mostly poorer.
AP Photo/Go Nakamura
The House just passed its version of the tax plan, which includes about US$1 trillion in cuts for corporations. The question, who will be left holding the potato?
Treasurer Scott Morrison is eager to point out jobs growth, but wages growth remains stubbornly slow.
Daniel Munoz/AAP
The chair of the Federal Reserve is often considered the world’s ‘second-most-powerful person.’ So who is Jerome Powell and why does it matter that he may soon head the Fed?
Why is it that the US – which suffered a major downturn – seems to have a stronger economy than Australia , which did not even go into recession in 2008-09?
Most Puerto Ricans are still in the dark, as is the mainland about the recent hurricanes’ economic impact.
Reuteres/Alvin Baez
If President Trump really wants to restore America’s manufacturing might he should invest heavily in AI, the internet of things and other emerging technologies that are changing the world.
Speaker Paul Ryan talks about the new GOP tax plan.
Reuters/Kevin Lamarque
President Trump recently released his tax plan, but he’s also said he wants to stimulate the economy with infrastructure spending. Is one more effective than the other at boosting growth?
The U.S. is slapping tariffs on China-made aluminum, which could lead to a trade war.
AP Photo/Paul Sakuma
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it’s fairly confident the economic recovery will continue. Is it overconfident?