Trump Is Winning His Trade War. What Will That Mean for the Economy?
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results. Source link
Business
Track the latest in business and finance—from market trends and economic updates to startup stories and global trade analysis.
Why It Matters That India and Trump Don’t Have a Tariff Deal
The stakes are high, with the United States and India counting on one another as indispensable partners in their competition with China. Source link
Apple Is Shutting a Store in China, Its First Closure in the Country
The move speaks to slowing spending by consumers and Apple’s continuing struggles in China, its second-largest market. Source link
When Coke and Pepsi Fought for Soft Drink Supremacy in Space
In the summer of 1985, NASA, the Reagan White House and seven talented astronauts got wrangled into an orbital chapter of the cola wars. Source link
Why We Almost Got a MAGA-Branded Instant Pot
Instant Brands announced a new line of pots emblazoned with the slogan “Make America Great Again.” David Fahrenthold explains what’s behind this decision and explores the link between this brand and others that have created Trump-related products. Source link
Study Undercuts Idea That Cash Payments to Poor Families Help Child Development
Rigorous new research appears to show that monthly checks intended to help disadvantaged children did little for their well-being, adding a new element to a dispute over expanded government aid. Source link
Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices. Source link
What Happened to the MAGA Instant Pot?
As its private-equity owner fought antitrust allegations, the countertop cooker suddenly embraced the president’s politics, trying the new playbook of lobbying through flattery. Source link
Who Pays for U.S. Tariffs, and Where Does the Money Go?
President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works. Source link
Wallis Annenberg, Arts and Wildlife Philanthropist, Dies at 86
She put millions from her foundation into projects in California, like a performing arts center in Beverly Hills and a wildlife crossing over the busy 101 freeway. Source link