Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Mamdani Calls for Affordable NYC Housing, Criticizes ICE Amid Budget Concerns
The housing official says every family should afford a home while denouncing ICE's policies, as New York faces a $2.4 billion budget shortfall.
SCOTUS Has Ruled on Tariffs, but Who Will Ultimately Pay
The Court’s decision leaves the fate of the Trump‑era steel and aluminum tariffs to Congress and industry, raising questions about future cost burdens.
U.S. Court Blocks Solar Panel Tariffs, Business Owners Cautiously Welcome
The decision removes a 25% duty on Chinese solar imports, which industry groups said was raising electricity costs for manufacturers.
U.S. Trade Deficit Narrows as Administration Credits Recent Tariff Adjustments
The Treasury reports a $12.3 billion reduction in the trade deficit for the first quarter of 2026, a change the White House attributes to new tariff reforms.
Trump Gives Grudging Praise to Liberal Trio Who Helped Sink His Tariffs
President Trump said the three Democratic lawmakers forced the administration to abandon the proposed steel and aluminum duties, calling their push a necessary check on trade policy.
U.S. Trade Representative Rejects Trump Tariff Proposal, Marking Rare Public 'No'
Katherine Tai said the administration will not impose new duties on Chinese steel, though existing tariffs stay in place.
Exclusive: 5 Ways Moreno Wants GOP to Codify .5 B Trump Tariffs
The Republican lawmaker says the Biden administration’s rollback of China tariffs threatens U.S. manufacturers, while Democrats argue the measures raise costs for consumers.
Breaking: Supreme Court Overturns 12 Trump Tariffs, Slashing $4 B in Costs – What Comes Next?
The 9‑5 decision invalidated 12 of 14 steel and aluminum tariffs, prompting Democratic calls for enforcement and Republican criticism of judicial overreach.
Trump Tariff Revenues Hit Record Highs as Supreme Court Deals Major Blow
The Treasury reported $12.3 billion in tariff collections for FY 2025, even as the Court limited the administration’s ability to impose new duties.
Will the Treasury Refund $200 Billion After Tariff Overturn?
A federal court ruling nullified recent tariffs, prompting the Treasury to determine how to handle the $200 billion already collected from importers.