The Trump Administration is seeking to claw back spending that was approved for programs including those serving immigrants, refugees, minority groups, and children.

The data is reinforcing concerns about the health of the world's second-largest economy, which has grappled with a deepening supply-demand imbalance.

The administration announced new duties tied to countries’ imports of goods made with forced labor, replacing a global 10 percent tariff set to expire at midnight.

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Industrial subsidies have reached their highest levels since the global financial crisis, amounting to USD 108 billion in 2024 and reflecting governments’ renewed interest for industrial policy in a c...

With the closure of the Strait of Hormuz and reserves depleting, Robin Brooks and Ben Harris estimate a timeline of increasing oil prices.

The Trump administration argued that steeply higher tariffs on imported goods would spur a wave of reshoring and reinvestment in US manufacturing. For musical instruments, that hasn't happened. Instea...

The Pentagon doesn’t have to rely on legacy suppliers. It can create alternatives that others can produce.

War on Iran is changing the currency calculations of Gulf energy exporters. But the dollar’s global role depends on far more than the denomination of a barrel of oil

The Trump administration and China's leaders generally differ on economic policy, but on one proposition some prominent members of their economic teams seem to agree: The dollar's status as the world'...