President Trump's trade war is heating up again, with threats of new tariffs on France, Brazil and Argentina. The sudden shifts have rattled investors, who'd come to believe a truce was near.
"A China trade deal is dependent on one thing — do I want to make it," the president said, adding, "In some ways, I like the idea of waiting until after the election for the China deal."
Over the last year, the media has focused on a wealth tax. But there's another type of wealth taxation also on the table, and it might stand a better chance of surviving judicial review.
NPR's Noel King talks to Stephen Vaughn, former general counsel at the Office of the U.S. Trade Representative, about the U.S.-China trade war, and about U.S. trade policy in other parts of the world.
A decline in milk consumption has helped to drive a giant U.S. milk company into bankruptcy. A dairy cooperative may buy most of Dean Foods "to make sure all that milk keeps flowing."
The trade war with China is weighing on America's manufacturers. "[The tariff burden] comes out of our bottom line," says Dan Digre, president of Misco, a speaker-maker in Minnesota.
Research suggests the most effective way to help poor people can be to give them no-strings-attached cash. Now a new study finds even neighbors who don't get the aid benefit.