Lydia DePillis's profile photo

Lydia DePillis

New York

Economy Reporter at The New York Times

Economy reporter @nytimes. Forever asking people to explain things. Tips/praise/etc.: [email protected].

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Articles

  • 4 days ago | nytimes.com | Lydia DePillis

    President Trump's trade war is forcing companies to cut costs, raise prices, shrink profits, discontinue products and find other suppliers. Shock. That was the first response to the Trump administration's barrage of tariffs. Businesses that rely on imported products expected duties, which President Trump had promised. Just not this high, this universal or this sudden, with almost no time to adjust.

  • 1 week ago | seattletimes.com | Lydia DePillis

    On the open 15th floor of a loft building in midtown Manhattan, about a dozen skilled workers make their way through piles of pants, stitching each piece together with focus and precision. Some of the items are designed by Outlier, a fashion brand that produces its smaller runs and experimental products with the garment district’s ecosystem of contract manufacturers.

  • 2 weeks ago | nytimes.com | Lydia DePillis

    "I have the good fortune of being on the successful side because of their support," Mr. Villarreal said. "Now the federal government's doing away with the program. We're very concerned because we do need people to help us."The latest hurdle for small businesses is the Trump administration's steep tariffs imposed on imports from nearly every country.

  • 3 weeks ago | infobae.com | Lydia DePillis

    En semanas recientes, los operadores de centros turísticos, viveros, procesadores de pescado e hipódromos en el país empezaron a preocuparse mucho. El gobierno de Trump tardaba en liberar un lote de visas H-2B, aquellas que utilizan las empresas de temporada que a menudo no pueden encontrar suficientes trabajadores en territorio nacional para satisfacer la demanda.

  • 3 weeks ago | nytimes.com | Lydia DePillis

    Finally, last Wednesday, a news release announced that the visas would continue to flow, allowing businesses that banked on having them for the summer to move forward with their plans. But the anxiety reflected a deep uncertainty about where President Trump is headed on legal immigration programs, both temporary and permanent, as the administration ramps up deportations and moves to end the legal status of millions who arrived in recent years.

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Lydia DePillis
Lydia DePillis @lydiadepillis
9 Apr 25

OH FOR FUCKS SAKE

Lydia DePillis
Lydia DePillis @lydiadepillis
8 Apr 25

Old enough to remember when Republicans said the government shouldn't pick winners and losers. Now they're trying to turn a clear loser into a gold medalist. https://t.co/6SiZMfOCRL

Lydia DePillis
Lydia DePillis @lydiadepillis
8 Apr 25

Small business optimism fell for the third month in a row in March, following its post-election Trump bump, according to the @NFIB. https://t.co/74BkFYJ49S I wrote about some reasons over the weekend: https://t.co/aPwTLiHcuR