Eric Levitz

1 day ago | vox.com | Eric Levitz

Over the course of April, President Donald Trump imposed large tariffs on goods from every country in the world, pushing America’s average levy on imports to its highest level in roughly a century. And inflation slowed. In April, the Consumer Price Index (CPI) rose at a 2.3 percent annual rate, its slowest pace since early 2021, according to a federal report released Tuesday morning. Economists had expected that figure to be 2.4 percent. Markets rallied on this happy surprise.

1 day ago | finance.yahoo.com | Eric Levitz

President Donald Trump’s tariffs remain so high and broad that they could disrupt supply chains and yield shortages. Over the course of April, President Donald Trump imposed large tariffs on goods from every country in the world, pushing America’s average levy on imports to its highest level in roughly a century. And inflation slowed.

5 days ago | businessandamerica.com | Eric Levitz

Many liberals would like the Democratic Party to put climate change at the center of its messaging and policy agenda. They would also like Democrats to win more elections. In a recent column in the Washington Post, former Washington governor and presidential candidate Jay Inslee argued that there is no tension between these two objectives: The best way for Democrats to defeat Republicans is to focus more on bold climate action.

5 days ago | vox.com | Eric Levitz

Many liberals would like the Democratic Party to put climate change at the center of its messaging and policy agenda. They would also like Democrats to win more elections. In a recent column in the Washington Post, former Washington governor and presidential candidate Jay Inslee argued that there is no tension between these two objectives: The best way for Democrats to defeat Republicans is to focus more on bold climate action.

1 week ago | vox.com | Eric Levitz

The immediate costs of President Donald Trump’s trade war are fairly clear. Prices for imported goods are rising while economic growth is slowing. Manufacturers are slashing orders, small businesses with Chinese suppliers are on the brink of insolvency, interest rates are rising, Americans’ retirement savings are bleeding value, and consumers are losing confidence. The severity of these consequences remain to be seen.