Marketing

The president is right that the economy is a powerful lever against other countries. But how much will his tactics erode it?

President Trump said he was using powers granted under the law to impose tariffs on the United States’ largest trading partners.

The president is increasingly threatening other countries with tariffs for issues that have little to do with trade.

Experts say the freight system could handle an increase in imports from Canada and Mexico, but there is little sign of a significant increase.

Howard Lutnick disclosed details of complex financial interests, holding at least $800 million in assets.

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.

The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.

Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing Wednesday.

President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”

The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.