Tag Archives: Economists

“Utterly unqualified”: Trump BLS pick gets panned by conservative economists  Axios Trump’s pick for BLS commissioner floated suspending the monthly jobs report before apparently backing off  CNN Trump nominates conservative economist to head agency that compiles jobs, inflation data  AP News Trump Advisers Consider Changes to How Government Collects Jobs Data  The Wall Street Journal Trump nominates Bureau of Labor Statistics critic to replace …

US Consumers to Bear Brunt of Tariff Hit, Goldman Economists Say  Bloomberg.com Trump said foreign countries would ‘eat’ tariffs—but U.S. consumers and businesses will actually pay 75% at best  Fortune Will US inflation numbers withstand pressure from Trump?  Financial Times Bad news for US shoppers: The cost of everything from laptops to cars is likely to keep rising  Business Insider Everyday Economics: CPI takes …

Some economists are cautioning that President Trump’s sweeping new tariffs on U.S. trade partners, which took effect Thursday, increase the risks that the U.S. economy could enter a period of stagflation.  A mashup of “stagnation” and “inflation,” the term describes periods marked by high prices and low GDP growth, such as the economic doldrums of the 1970s. To be sure, …

WASHINGTON (AP) — The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it. Trump claimed that June’s employment figures were “RIGGED” to make him and other Republicans “look bad,” yet he provided no evidence. The firing of Erika …

American businesses and consumers woke up Friday to find the contours of President Donald Trump’s foreign trade agenda taking shape but without much more clarity on how import taxes on goods from dozens of countries would affect them. Late Thursday, Trump ordered new tariff rates for 66 countries, the European Union, Taiwan and the Falkland Islands. Among them: a 40% …

Economists Are Struggling to Find Jobs. It’s an Ominous Sign for The Economy.  The New York Times Source link

President Donald Trump this week announced that he had cut a deal with Japan that would lower tariffs on Japanese cars to 15%, which was a cut from the 25% tariffs that he’d originally placed on them. However, many of the parties whom Trump claimed he was trying to help are not happy with the deal, including major automakers and …

Economists doubt Trump outlook that US will sell ‘so much’ beef to Australia  Reuters Australia to lift import ban on US beef after Trump tariffs tiff  BBC Trump Hails Australia’s Move to Ease US Beef Curbs in Trade Thaw  Bloomberg Is US beef safe to eat? How worried should we be about ‘mad cow disease’, growth hormones and fatty meat?  The Conversation Live: Donald …

China is about to shock the U.S. economy again. Economists who predicted the first offer a plan to fight back.  MarketWatchView Full Coverage on Google News Source link

A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case  MSNView Full Coverage on Google News Source link