Economy News The Economy Can Handle Higher Tariffs, Says Hightower S Stephanie Link

Resilient in face of tariffs, world economy forecast to grow 3.2%, OECD says

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for ... Read More

As the shutdown drags on, here’s how it can drag down the economy

The federal government shutdown has lasted all month and is on pace to become the longest on record. While history has shown that the economy typically rebounds from a shutdown within a couple of ... Read More

Yes, Trump's tariffs are raising billions — but at a steep economic cost

The tariffs at the heart of this week's Supreme Court case are raising tens of billions of dollars for the federal government. They're also costing consumers, frustrating businesses and hurting the ... Read More

Trump Tariffs Push Japan’s Economy Into Contraction

The Japanese economy shrank 1.8 percent from the same quarter last year as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth. By River Akira Davis Reporting from Tokyo ... Read More

A Trump-Xi trade deal won’t fix either country’s economy

The extraordinary trade war President Donald Trump unleashed has been taking a toll on the Chinese and American economies. China is in a far more precarious state, mostly due to preexisting problems, ... Read More

White House says tariffs will be lowered on some imports from four countries in new deals

The White House announced several trade deals with South and Central American nations that could lead to reduced tariffs on certain goods, including certain coffee, banana and beef exports. The ... Read More