After more than a week of ratcheting up tariffs on products imported from China, the Trump administration issued a rule late Friday that spared smartphones, computers, semiconductors and other electronics from some of the fees, in a significant break for…
Browsing: Trade
President Donald Trump’s sweeping tariff-driven reversal of decades of free trade is creating financial chaos for the very sector it’s meant to rebuild: American manufacturing. Although the full extent of economic damage is still unclear, volatile tariff policies are making…
The world’s two largest powers are closer to a full economic break than ever, as President Donald Trump and Chinese leader Xi Jinping refuse to back down in a trade war that has become a high-stakes game of chicken —…
President Trump’s rapidly escalating trade war with China has resulted in eye-watering tariffs on products exchanged between the countries and scrambled prospects for many global businesses that depend on the trade. And there is no end in sight. The Trump…
A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing the fate of two superpowers and threatening to drag down the world economy. The brinkmanship displayed by the two countries…
As the United States and China barreled headfirst into full-fledged trade war this week, one of Beijing’s most fashionable shopping districts was still bustling. People browsed a high-end perfumery, lounged outside coffee shops and waited in a wraparound line for…
A sharp sell-off in U.S. government bond markets has sparked fears about the growing fallout from President Trump’s sweeping tariffs and retaliation by China, the European Union and others, raising questions about what is typically seen as the safest corner…
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week. President Trump’s 25 percent tariffs on imported vehicles, which went into effect last week, are already sending…
President Donald Trump’s trade policies are roiling financial markets and escalating recession fears. Some executives are using terms such as “disastrous” and “economic nuclear winter” to describe White House plans, unveiled last week, to impose 10 percent levies on all…
The stock market staged a brief rally Tuesday on hopes that President Donald Trump would turn from raising tariffs to cutting deals, before sinking amid renewed tough talk by administration officials. The S&P 500 index closed down 1.5 percent, bringing…
