White House eased China tariffs after warnings of harm to ‘Trump’s people’
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
The unconventional economic theory behind Trump’s sweeping tariff plans
A view championed by Michael Pettis, a Wall Street veteran, holds that industrial policies that generate trade surpluses are the root cause of U.S. deficits.
Falling inflation, rising growth give U.S. the world’s best recovery
The European economy, hobbled by unfamiliar weakness in Germany, is barely growing. China is struggling to recapture its sizzle. But in the United States, it’s...
Truck drivers are leaving boom-and-bust supply chain jobs
Since trucking was deregulated in 1980, the industry has cycled through regular boom-and-bust episodes every 18 to 24 months. It's decidedly in a bust now.
From chicken wings to used cars, inflation begins to ease its grip
The price of gasoline is dropping like a rock. Chicken wings are suddenly a bargain. And retailers drowning in excess inventory are looking to make...
Soaring dollar could help Fed in fight against inflation
The Federal Reserve's interest rate hikes have driven the U.S. dollar to its highest level in decades, treating American tourists to bargains in Europe and...
How China’s COVID lockdowns may be saving Americans money
Amid rising inflation, inventory stockpiles from both sides of the Pacific could provide U.S. consumers with savings.