Politics

“President Trump is wielding tariffs to try to close the massive U.S. trade deficit in goods, which he sees as a sign of economic weakness,” the Wall Street Journal reports. “It is only part of the trade story.” “While the U.S. buys more goods from abroad than it sells, the opposite is true for

“You have been watching the greatest economic master strategy from an American president in history.” — Trump adviser Stephen Miller, on X.

“The U.S. stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his ‘reciprocal’ tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the

“A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing the fate of two superpowers and threatening to drag down the world economy,” the New York Times reports. “The brinkmanship displayed by the two countries has

Jonathan Martin: “As markets swooned along with Trump’s approval rating on the economy, the response from many congressional Republicans hasn’t just been deference but detachment, like they’re doing color commentary up in the booth.”