President Donald Trump beat a partial — and possibly temporary — retreat from the most radical version of his trade agenda Wednesday.  One week ago, he vowed to impose massive new tariffs on virtually all imports from nearly all countries. Although rates varied by nation, many countries faced tariffs of more than 30 percent. Trump […]

After a week of intensifying market turmoil, President Donald Trump stepped back from the brink of financial crisis Wednesday, announcing a 90-day “pause” on the exorbitant tariff levels he’d imposed on dozens of countries. It was not a total climbdown: Trump intensified a trade war with China by hiking its tariff level up to 125 […]

President Donald Trump has been angry about trade for nearly half a century — and throughout all that time, he’s kept on making the same complaint. The problem, he says, is that the US has trade deficits with other countries. He believes that, if we buy more from a country than they buy from us, […]

The US stock market has lost trillions of dollars in value in the days since President Donald Trump announced major tariffs on American imports. On Tuesday afternoon, the S&P 500 was down more than 11 percent since Trump’s announcement of the tariffs. Global stock indices, such as the Japanese Nikkei and the German DAX, have also […]

For the past month, President Donald Trump has been stalking the richest universities in the world like a horror movie serial killer picking off a group of frightened teenagers one by one. Why aren’t they using their multibillion-dollar endowments to fight back? The spree started in early March, when the administration announced it was holding […]