Some Calm Returns to Asian Markets Even as Trade Tensions Escalate
After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let…
After Navarro Defends Tariffs, Bessent Says Trump Is Ready to Negotiate
Peter Navarro, a senior White House trade adviser, on Monday defended the sweeping tariffs President Trump has imposed on foreign nations and indicated that other countries’ offers to drop their…
Trump’s Trade War Raises Bar for Fed Rate Cuts
President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk worsening an already knotty inflation problem while also damaging…
Europe Is Ready to Make Its First Countermove to Trump Tariffs
President Trump’s announcement last week that he will impose a 20 percent tariff on goods coming from the European Union sent shock waves across the 27-nation bloc, the latest move…
Global Stocks Fall Sharply, Extending Rout Caused by Trump’s Tariffs
Financial markets around the world were slammed on Monday, as investors recoiled from the prospects of a severe economic downturn sparked by the escalating trade war. In Asia, trading was…
Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
Virtually everyone in the cryptocurrency world celebrated the second election of President Trump, an enthusiastic booster of the industry who promised to turn the United States into the “crypto capital…
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for a brash and chaotic rollout of tariffs…
Jesse Kornbluth, Magazine Writer Who Covered Everything, Dies at 79
The article of which he was most proud was “The Woman Who Beat the Klan,” published in The Times Magazine in 1987, about Beulah Mae Donald, who sued the Ku…
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
President Trump’s self-proclaimed “liberation day,” in which he announced across-the-board tariffs on the United States’ trading partners, carries an echo of another moment when an advanced Western economy threw up…
British Carmaker Jaguar Land Rover Pauses Shipments to U.S.
Jaguar Land Rover, the British luxury automaker, said on Saturday that it was pausing shipments to the United States in April, days after President Trump’s auto tariffs went into effect.…