The world economy is still standing after a week of intense trade tensions. President Donald Trump's extreme tariff threats were toned down, but significant duties remain. There is a 10 percent tax on almost all U. S. imports, a 25 percent tax on steel, aluminum, and cars, and a whopping 145 percent tax on goods from China. Trump's team is trying to present this as a...
The U. S. economy was in a tough spot. President Trump had thrown a wrench into global trade. He slapped huge tariffs on both friends and foes. This made for an unusual gathering of former Treasury secretaries. They usually welcome the new secretary with smiles and light chat. But this time, the mood was heavy. Steven T. Mnuchin, a former Treasury Secretary, ho...
The Chinese railway system is a complex web of tracks and trains, influenced by many factors. To understand how government rules affect this system, a new approach has been developed. This approach, known as the improved comparative static model, uses clever math tricks to figure out how changes in rules impact the economy. The model tackles tricky math problems tha...
The stock market took a wild ride in early April 2025. It all started with a significant jump in U. S. stocks. This happened after the president made a big announcement. He decided to hit the pause button on some tariffs for 90 days. This news sent the Dow Jones Industrial Average soaring by 2, 370 points, which is a 6. 3% increase. The S&P 500 also saw a big ga...
The global stock market saw a significant rise on Tuesday. This happened as investors started to think that trade talks might ease tensions. The S&P 500 went up by 2. 4% in the middle of the day. However, it is still down by more than 15% from its peak in February. The Dow Jones Industrial Average and the Nasdaq composite also saw gains of around 2. 4%. The stock ma...
Trump's recent move to impose heavy tariffs on imports from nearly all U. S. trading partners is a significant gamble. This decision reflects his long-held belief that protectionist policies can revitalize American manufacturing and offset the shift from manufacturing to services. It's a bold step, but it's not without risks. The timing of this announcement is inter...
The Federal Reserve has long been seen as a safety net for investors during market crashes. However, recent events have shown a shift in this dynamic. The latest market downturn, triggered by President Trump's tariffs, has not prompted the Fed to step in immediately. Jerome Powell, the Fed's chair, has made it clear that the central bank is taking a more cautious app...
The world of finance was shaken up when a prominent political figure announced sweeping tariffs. This decision sent shockwaves through global markets, causing significant drops in stock prices. The Dow Jones, Nasdaq, and S&P 500 all took a hit, with percentages dropping sharply. This move was not just about economics; it was a bold political statement. The figurehead...
The United States recently introduced hefty tariffs on numerous countries. These tariffs were presented as a way to balance the playing field. The idea was to match what other nations charge the U. S. on their goods. However, the method used to determine these tariffs was far from straightforward. The Trump administration used a basic formula to c...
A major change is coming to international trade. The United States is planning to shake things up with new tariffs on a long list of countries. This move is all about trying to even the playing field, or so they say. The plan is to hit about 100 countries with a 10% tax on their goods coming into the US. This is set to start on April 5th. The idea is that this will b...