To Consider:
We cannot solve our problems with the same thinking we used when we created them.
Albert Einstein (1879-1955) German-born theoretical physicist
The New York Times - Economy

-
In Trade War Clash With Trump, China Refuses to Take the Bait
The Trump administration has been saying that the two countries are engaged in talks to resolve the dispute, but Beijing asserts that no such discussions are happening. -
China Rejects Trump Claim of Tariff Talks With Xi
President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place. -
Trump’s Tariffs Bump Into Reality as Economic Strategy Wavers
President Trump has said his punishing tariffs would force companies to build factories in the United States. But it is far from clear that they will have the effects he predicted. -
Trump Team Races to Form Trade Deals After Tariffs Sow Global Chaos
The president’s threats of tariffs have brought countries like Japan, South Korea and India rushing to negotiate, but they have sown chaos with bigger trading partners like China. -
Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions. -
IMF Expects Trump’s Tariffs Will Slow Global Economic Growth
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies. -
Chobani Plans to Invest Over $1 Billion in New N.Y. Factory
The company, which has branched out from Greek-style yogurt, will invest more than $1 billion in the plant in the city of Rome. -
After Trump Spares Apple, Other Businesses Want a Tariffs Break
Retail executives huddled with the president amid fears that tariffs could result in higher prices. -
The Business Playbook for Tariff Chaos
President Trump’s trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers. -
Inside a Union’s Fight Against Trump’s Federal Job Cuts
Leaders of the union representing government workers say their battle is galvanizing but also alarming. “It’s insulting to say,” one said, “that we are lazy.”
|