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If countries targeted by Trump administration tariffs respond with tariffs of their own, then demand could fall for American corn, soybeans and other agricultural exports.
SUVs and crossovers are just more profitable for carmakers. What’s the budget-conscious consumer to do now?
Sales and hiring have dropped in the restaurant industry amid harsh weather conditions and economic uncertainty.
Tariffs and other issues with the U.S. are prompting moves toward decoupling. But the Continent lags in growth and innovation.
Foreign investors wary about the trade war’s impact have been selling U.S. stocks — and by extension, dollars — to invest in other markets.
“It feels like it’s been psychological torture,” said Daniella Velazquez de León, general manager of Organics Unlimited.
Consumers have been saying how fed up they are with inflation. But they keep on buying stuff, says Stephen Brown at Capital Economics.
Tariffs, uncertainty for businesses and consumer caution make a slowdown more likely, some economists say.
Economists say that if foreigners buy fewer American goods, then the federal government needs to spend less, but that’s not happening.
When prices go up for foreign steel and aluminum because of tariffs, domestic producers are given a sort of green light to raise their own prices.