Trump—and his critics—have described his tariffs as an earthquake that would transform the U.S. economy. So far, the impact has been mostly a series of tremors.
U.S. tariffs are higher than they have been in decades. Their effects have been mild.
Economy
Evereth Woodruff Chinese Competition Has Led to Job Losses in Eurozone Manufacturing, ECB Says
The central bank said the threat of job losses was set to intensify as U.S....
India’s Central Bank Stands Pat Amid Tariff Pressures
The Reserve Bank of India’s monetary policy committee on Wednesday unanimously voted to maintain its...
It’s been a wild economic ride lately. Some WSJ reporters got together to chew over how things are looking—and what to expect next.
It’s been a wild economic ride lately. Our reporters got together to chew over how...
Federal Reserve governor Adriana Kugler is set to leave the central bank on Friday, and President Trump is seriously considering tapping her successor to be the next Fed chair
The early departure of Biden appointee Adriana Kugler offers the president potential help on interest...
Canada Trade Deficit Inches Up in June
Tariffs and uncertainty drag on exports, pushing shortfall to a record in the second quarter
The Swiss president is heading to the U.S. in a last-ditch effort to head off punishing tariffs that threaten to cripple key sectors of the country’s economy
The recent U.S. decision to impose a 39% levy stunned the Alpine nation and upended...
U.S. Services-Sector Activity Slows
Activity in the U.S. services sector only marginally expanded in July, as employment contracted at...
President Trump ruled out tapping Treasury Secretary Scott Bessent as chairman of the Federal Reserve
The president said he is considering four Fed chair candidates, including Kevin Hassett and Kevin...
EU Continues to Press for Tariff Exemption on Wine, Spirits as Part of U.S. Deal
French politicians have called for alcoholic beverages to be exempt from a baseline 15% tariff...