Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair tried to steer clear of politics. Scott Horsley
Interest rates are unlikely to drop, Fed chair indicates to Senate committee Federal Reserve chairman Jerome Powell told a Senate committee that he and his colleagues are in no hurry to cut borrowing costs, so long as the job market is holding up and prices continue to climb. Scott Horsley
Why economists got free trade with China so wrong The "China Shock" is revisited, and it raises questions about why economists failed to see the costs of free trade. Greg Rosalsky
President Trump announces 25% tariffs on steel and aluminum imports President Trump announced 25% tariffs on steel and aluminum imports. Critics say the tariffs will increase the cost of canned foods for U.S. consumers. Danielle Kurtzleben
The cautionary tale of Richard Nixon vs. his Fed chair The story of former President Richard Nixon vs. Arthur Burns, his Federal Reserve chair, is a tale of a president pressuring the head of the central bank for political reasons.
What Trump's proposed 25% tariffs on steel and aluminum would mean for the U.S. President Trump has called for a 25% tax on all imported steel and aluminum. That could give a helping hand to domestic steel and aluminum producers, but also raise prices for US businesses and consumers. Scott Horsley
Trump says he will impose a 25% tariff on aluminum and steel imports A tax on all imported steel and aluminum could give a helping hand to domestic steel and aluminum makers, but raise costs for businesses and consumers that buy the metals. Scott Horsley
Chinese counter-tariffs to kick in as Trump threatens more to come The tariffs from China range from 10% to 15% and are applied to crude oil, liquefied natural gas, farm machinery and select other products from the U.S. John Ruwitch
What it means to have a high trade deficit — and why it's not always a bad thing NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade. Ayesha Rascoe
A soybean farmer recalls how he was impacted by Chinese tariffs in Trump's first term China's tariff's on U.S. agricultural exports hit American farmers hard back in 2019. NPR's Scott Simon speaks with farmer Josh Gackle about the impacts of another round of such tariffs. Scott Simon