BEIJING: Despite the aggressive "reciprocal tariff" policy announced by the White House, senior economists believe that China ...
Like all taxes, the tariffs will discourage beneficial economic activity and will make Americans poorer and worse off.
The American economy is increasingly reliant on the spending of high-income households, which could pose a risk to the ...
DOUGLAS A. IRWIN is John French Professor of Economics at Dartmouth College and the author of Clashing Over Commerce: A ...
Discover how consumer spending shapes the U.S. economy, the impact of rising credit card debt, and the potential risks of a ...
In its 2025 budget update and preliminary outlook for 2026 submitted late Tuesday to congress, the Finance Ministry said it expects gross domestic product to grow between 1.5% and 2.3% this year ...
Ever-increasing consumption is generally not considered virtuous and thus not just a neutral, economic problem. | Opinion ...
The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in ...