John Carney

Promises made, promises kept. “When I win, I will immediately bring prices down, starting on Day One,” Donald Trump said on the campaign trail last summer. Critics claimed, without evidence, that Trump’s tariff plans would raise inflation. Many economists argued […]

Trump’s Election Jolted Manufacturing Back to Life We’ve officially reached the halfway mark of the first 100 days of President Donald Trump’s second presidency. What we learned today is that the labor market is stronger than thought, factory jobs are

President Donald Trump is ratcheting up pressure on Canada, announcing late Monday that he will double tariffs on Canadian steel and aluminum to 50 percent, citing Ontario’s move to levy a tax on U.S. electricity exports. “This will go into

Why Liberals Fear Trump’s Trade Agenda Liberals claim they oppose President Donald Trump’s tariffs and trade policies because they will raise prices or undermine the post-war economic system. But the real reason they are desperate to stop Trump’s trade agenda

The U.S. labor market added 151,000 jobs in February, a modest acceleration from the 143,000 jobs gained in January but short of the 160,000 economists had forecast. The unemployment rate edged up to 4.1 percent, defying expectations that it would

President Donald Trump on Thursday paused tariffs on Mexican and Canadian goods that comply with the U.S.-Mexico-Canada Agreement (USMCA), granting a reprieve to America’s two largest trading partners. Trump signed an order modifying the tariffs he put in place earlier

President Donald Trump is expected to announce changes on Wednesday to the sweeping tariffs imposed on Mexico and Canada, Commerce Secretary Howard Lutnick said. The administration may exempt certain goods, including cars that meet U.S.-Mexico-Canada Agreement (USMCA) standards, from the

Tariffmagedeon Will Not Hurt Consumers President Trump’s new round of tariffs is set to take effect, and once again, critics are predicting economic disaster. A sober look at the history of tariffs and recent economic research about their effects suggest

Stocks Soar in Late Friday Rally Following Zelensky’s White House Fiasco Wall Street ended the week on a high note, shaking off geopolitical tensions after President Donald Trump’s tense White House showdown with Ukrainian President Volodymyr Zelensky. Stocks wobbled early

Ukrainian President Volodymyr Zelensky left the White House on Friday afternoon without signing a deal that would have given the United States access to Ukraine’s rare earth minerals and fossil fuels, according to administration officials. The deal, negotiated by Treasury