U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
From tariffs to spending, rounding up the Trump administration's econ-related actions
Since taking office in late January, the Trump administration has been working at a galloping pace to reshape the government and economy. We have been doing our best to keep up and keep you informed.
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.
US Can Be ‘Fabulous Economy’ With Tariffs, Trump Aide Says
The nominee to become President Donald Trump’s chief White House economist defended his boss’s decision to charge ahead with duties on some of the US’s biggest trading partners, telling senators Thursday the country can have a “fabulous economy” even with high tariffs.
How Trump’s tariffs could impact the US economy
ABC News’ Alexis Christoforous discusses the potential impact of U.S. tariffs on Canada and Mexico set to go into effect next week.
Trump signals U.S. and U.K. could reach ‘real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs amid ongoing negotiations sweetened by British Prime Minister Keir Starmer's Thursday visit to the White House.
Trump: U.K. could dodge U.S. tariffs if trade deal is reached
President Donald Trump has said the U.K. may avoid tariffs if it reaches a trade deal with the U.S., following a meeting with British Prime Minister Keir Starmer in which the leaders discussed trade and the Ukraine war.
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Americans are getting fed up with the economy. Does that mean we’re heading into a recession?
American consumers and businesses are feeling uneasy, fearing higher inflation is lurking around the corner as President Donald Trump talks massive tariffs. That’s raising questions on what America’s ...
Impact of the Chinese Economy on the U.S. Economy in 2020
The Chinese economy rebounded in 2020 from the global pandemic, posting growth numbers that outpaced the U.S. economy, which ...
One chart shows the US is a rare major economy where wages have been outpacing inflation
Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% and ...
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From Trade Wars to Trade Wins: How Trump Can Redefine U.S.-China Economic Relations
The United States’ relationship with China is at a new low, but Trump has a chance to redefine bilateral relations by locking ...
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“Chokepoints” looks at the rewards and risks of modern U.S. economic warfare
Former state department official Edward Fishman chronicles the U.S.'s use of economic sanctions to manage conflict in ...
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Did Baby Boomers Really Ruin the Balance of Economic Inequality?
Wealth inequality is the most pressing and dangerous issues we face today, if not addressed it will destroy our nation.
Economic deal between US and Ukraine will tie the countries together for years. Here’s what it says
A preliminary economic agreement between Ukraine and the United States would ensure long-term U.S. involvement in rebuilding ...
President Trump threatens major tariff increases on Mexico, Canada
President Trump is threatening tariffs on more than $900 billion worth of goods from Mexico and Canada. Rachel Michelin, ...