Category: Uncategorized

The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.

On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.

His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to resist making deals.

Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.

Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.

Shrinking cities have tried to stabilize their populations with foreign-born residents. The strategy was working, until the inauguration.

The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.

Employers added 151,000 jobs in February, the Labor Department said, based on surveys taken as Trump administration policies were still rolling out.

With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.

Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.