Economy

California Gov. Gavin Newsom says that to protect its economy from tariffs, the state can make its own trade deals with China. Orville Schell, director of the Center on U.S.-China Relations at the Asia Society, says California has to step carefully to avoid working against federal government interests.

Is there a method behind the Trump administration’s madness? Yes, on both negotiation tactics and long-term economic strategy. But the path to get there is not only rocky; it’s full of pitfalls.

The normally staid bond market's latest gyrations suggest that foreign governments, banks, and investors are losing confidence in the U.S. – and upset over President Trump's tariff program. 

Many Americans are cutting back on services and focusing on buying goods that may get more expensive with tariffs. 

A new Hyundai plant hints at how foreign carmakers may look to expand U.S. operations to soften President Trump’s tariffs, and how local economies may adapt.

President Donald Trump may be igniting a global trade war with big new tariffs. Here’s what it may mean for consumers and the economy.

President Trump hopes to use reciprocal tariffs to boost national self-sufficiency while unleashing a jobs boom. What’s less clear is whether they can work.

If Donald Trump can convince manufacturers to come back to the U.S., it may set off not a jobs boom, but an automation boom, as new factories may be the world’s most automated.

As President Donald Trump raises tariffs, other nations are fighting back. They want to force negotiations, but it’s a high-stakes game of chicken for the global economy.

President Trump is pushing for a cryptocurrency reserve, and digital currency enthusiasts are hopeful. But critics are still wary of the speculative tender.