Category: Business

President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.

An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.

With stocks in a steep decline and tariffs inducing recession jitters, the patience of investors may be tested.

One of the president’s allies warns that the trade barriers could hurt American business and consumers. But he has yet to take any real steps to reverse them.

Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation...

The firms signed a legal brief supporting Perkins Coie, calling the president’s actions a threat “to the rule of law.” The largest firms declined to sign.

Swiss companies bemoan the loss of a reliable partner, and called the 32 percent tariff “incomprehensible.”

Stunned to see their own exports punished harshly, Indians are picking through the wreckage for signs of hope. There’s some but not a lot.

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