The president’s threats of tariffs have brought countries like Japan, South Korea and India rushing to negotiate, but they have sown chaos with bigger trading partners like China.
Related Posts
Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook
The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.
Retail Sales Were Up 1% in July, Easing Concerns About the Economy
Sales were up 1 percent in July from the previous month. The rise was slimmer when autos and gasoline were excluded, but market reaction was favorable.
Companies Like Afterpay and Affirm May Put Americans At Risk For ‘Phantom Debt’
“Buy now, pay later” loans are helping to fuel a record-setting holiday shopping season. Economists worry they could also be masking and exacerbating cracks in Americans’ financial well-being. The loans, which allow consumers to pay for purchases in installments, often interest-free, have soared in popularity because of high prices and interest rates. Retailers have used […]