President Donald Trump has vowed to lead a revival in U.S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. The administration’s goal of a shipbuilding boom is a part of Trump’s “Make America Great” policy agenda. Trump signed an executive order…
President Donald Trump announced on Nov. 14 that his administration is rolling back select tariffs on items including coffee, beef, cocoa and bananas, as he faces blowback for high grocery prices. But that doesn’t mean those prices are coming down anytime soon. Consumer price relief will take time, according to supply chain management data and history. The…
U.S. President Donald Trump has upended the traditional global trading environment, in some cases even undermining free trade agreements with partners in favor of bilateral deals that appear to be light on details but heavy on symbolism. One recurring symbol: Boeing aircraft. Since April, a pattern has emerged. Countries that strike trade deals with the…
Former Federal Reserve Governor Adriana Kugler’s abrupt resignation from the board on Aug. 1 – and her unexplained absence at a key meeting two days earlier – left the financial community shocked and confused. Nominated by Democratic former President Joe Biden to fill a surprise vacancy on the Fed board and confirmed in 2023, Kugler’s…
India’s economy could take a multibillion dollar hit after President Donald Trump raised tariffs on Indian goods to 50% — one of the highest levies on any trading partner — over objections to the South Asian country’s oil trade with Russia. Trump had previously imposed tariffs of 25% on Indian goods due to the country’s high trade…
