Oil, steel and supply chains are just a few areas of the economy where President Donald Trump’s trade policy is causing trouble. Plus: The road to recovery after the devastating wildfire in Altadena, California.
Do lessons from pandemic supply chain snarls apply to the tariff era?
by Justin Ho
Anne Cusack/Los Angeles Times via Getty Images
Tariffs could trigger shortages and supply chain snarls, similar to what was seen when the pandemic cut off lines to Chinese manufacturers. Are the workarounds small business used then still valid now?
“What we learned from the last tariff experience is that what goes up must come down,” says Lisa Goldenberg of Delaware Steel Co. “So it's kind of a last man standing.”
Low oil prices quash U.S. producers' hopes for growth
by Elizabeth Trovall
Brandon Bell/Getty Images
The price of West Texas Intermediate is hovering around $60 per barrel — not low enough to kill the oil patch, but not generating “Drill, baby, drill!” vibes.
The Numbers
by Kai Ryssdal
Can Altadena businesses rise from the ashes?
by Kai Ryssdal, Sofia Terenzio and Andie Corban
Andie Corban/Marketplace
An on-the-ground look at how local business owners plan to rebuild after the devastation of the Eaton fire.