Economy
Economy Articles
As the tariff war heats up worldwide, the United States and some of its closest allies are jockeying for a competitive advantage. As President Trump looks to level the playing field between the US...
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The United States buys far more from foreign markets than it sells. According to the Observatory of Economic Complexity, the U.S. ran a $1.1 trillion trade deficit in 2023, importing over $3 trillion...
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President Donald Trump’s recently implemented tariffs represent a break from decades of economic precedent. In the years leading up to Trump’s first term in office, goods imported to the U.S....
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In the months since he took office in January 2025, President Donald Trump has broken with decades of U.S. economic policy and upended global trade. Since the end of World War II, tariffs, or import...
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Many Americans believe there will be a recession in the next year. There are plenty of signs that say one is already underway.
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During times of international conflict and economic tension, usually instigated by the United States, we hear our elected officials threaten the use of sanctions. But how exactly do they work, and...
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As the central bank of the United States, Federal Reserve is charged with maintaining price stability for American consumers. The Fed targets a 2% annual inflation rate, meaning a dollar will lose 2%...
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In any capitalist economy, some level of income inequality is to be expected — but when the gap between the rich and the poor becomes wide enough and persistent enough, negative effects can begin...
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For much of his first term in office, Donald Trump presided over a relatively strong U.S. economy. From President Trump’s inauguration in January 2017 until February 2020, the month before the...
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Donald Trump was elected to office on a platform centered in part on protectionist taxes of imported goods. Still, when the full suite of tariffs were unveiled from the White House Rose Garden on...
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More so than perhaps every other wealthy, highly developed country, the United States stands out on the world stage for its high level of income inequality. According to data from the Congressional...
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