Your Pulse On America: Live And Unfiltered
In the escalating trade war with the United States, European officials are discussing imposing barriers on imports of U.S. services with a trade weapon that could allow the bloc to place restrictions on Big Tech and Wall Street. “We have the power to push back,” Ursula von der Leyen, the European Commission president, said this…
Until a few months ago, the Federal Reserve appeared close to achieving something that many doubted was possible. The economy looked on the cusp of a “soft landing,” a situation where inflation was headed back to the central bank’s 2 percent target without a recession. That put the central bank on track to steadily lower…
Tariffs in the Rose Garden Global markets are mostly lower ahead of President Trump’s big tariffs rollout today, but it’s not the tumult that has rocked stocks in recent weeks. S&P 500 futures are holding steady, in the red, as economists warn that Trump’s protectionist policies could set off a global trade war that slams…
Ahead of President Trump’s plan to impose sweeping tariffs across the globe this week, his administration is weighing a new round of emergency aid to farmers, who are likely to be caught in the middle if America’s trading partners retaliate. The early discussions offer a tacit acknowledgment that Mr. Trump’s expansive tariffs could unleash financial…
President Trump has settled on a final plan for sweeping “reciprocal” tariffs, which are expected to take effect on Wednesday after he announces the details at an afternoon Rose Garden ceremony. The White House press secretary, Karoline Leavitt, confirmed the timeline in a briefing with reporters on Tuesday, adding that Mr. Trump had been huddling…
The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before President Trump’s auto tariffs lift prices by thousands of dollars, several carmakers said. “This past weekend was by far the best weekend I’ve seen in a very long time,” Randy Parker, the chief…
The incoming German chancellor, more convinced than ever that the defense and trade relationship with Washington is crumbling, has made plans to execute on his goal of “independence from the U.S.A.” He’s not the only one. The new Canadian prime minister said last week that “the old relationship we had with the United States” —…
Two of China’s biggest state-owned automakers are in advanced discussions to merge, in a deal that would create a formidable manufacturer of cars and military vehicles but could also create problems for their American and Japanese partners. Dongfeng Motor and Changan Automobile have conducted detailed talks on how to combine their operations and told their…
President Trump has said that the global tariffs he plans to announce this week will correct decades of unfair relationships and stop other countries from ripping off the United States. But whether the president’s so-called reciprocal tariffs will result in higher levies on other nations or lower ones remains unclear. The president has described his…
Women in blue cloth hairnets sew the finishing touches on plush pink piggies and orange stuffed foxes, before tossing them onto giant piles in Maria Liao’s factory in southern China. They will be boxed and shipped to the United States, where many of Ms. Liao’s clients are based. The factory is quieter than it should…