We use a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of the recent increase in the U.S. tariffs on imports from Mexico ...

The world is undergoing a great economic reordering, the third such transformation in the past century. The United States has been at the helm of each one, shaping the global economy in ways that ...

Many in the Democratic base are frustrated that their party isn’t pounding away at Donald Trump over his attacks on the rule of law, academic independence and decency. That’s not quite the case.

The US remains the world's richest country with a GDP of $29.18 trillion. Each state's GDP compares to that of another country US GDP fell in Q1 this year, the first decline since 2022. The US still ...

German exporters should expect further losses in their most important market, the United States, in the coming year, due to ...

The era of increasingly free and extensive international trade, built on a rules-based system that the United States helped create, has come to an abrupt end. On April 2, in a theatrical White House ...

I spent $205 on a basic economy flight with United Airlines from New York City to Denver. A few days later, I took a $175 basic economy flight with Delta from Salt Lake City to NYC. Both flights were ...