The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...

1. On December 22, 2025, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effects of imports of semiconductors (semiconductors or chips), semiconductor ...

The state of the United States economy has been debated as 2025 comes to an end. Politicians — including President Donald Trump — and financial executives claim that the economy is strong. Meanwhile, ...