Economist and former Treasury Secretary Larry Summers isn’t known for sugarcoating his views on policy — and he’s making no exception when it comes to President Donald Trump’s sweeping new tariffs.
Economists call tariffs a type of consumption tax. But though businesses pay the tariff on imported goods, increased costs are shifted to consumers.
Trump did pretty much the same with steel and aluminum tariffs during his first term. But they took a toll last time, ...
The "China Shock" is revisited, and it raises questions about why economists failed to see the costs of free trade.
His latest interview puts to rest the longstanding question of whether he's knowingly lying or detached from reality.
WHEELING — New West Virginia Sen. Chris Rose hasn’t even sat down yet as chairman of the Senate Energy, Industry and Mining ...
An industry source suggested that while Trump's tariff policy intended to aim to boost the US domestic steel industry, they could ultimately drive up steel prices, negatively impacting other American ...
President Donald Trump has announced multiple tariffs since the beginning of his term, most recently adding a 25% tariff on ...
How will Trump’s steel tariffs affect St. Martin Parish? A local supplier and expert weigh in on potential price increases ...
The price of gold is likely to hit $3,000 soon and perhaps $4,000 in 2026 as the central banks of countries hostile to the U.S. continue to accumulate it as a haven from U.S. sanctions. They've been ...
From tariffs and trade to the possible impact of President Donald Trump's plan to cut regulations and taxes, ag economists surveyed in the latest Ag Economists' Monthly Monitor weigh in on the main ...
Goldman has previously explained that Phase 3 companies are those with the potential to monetize AI through generating incremental revenues, mostly in software and IT services. Phase 2 represents the ...