Category: Commerce Department

Xi to Trump: Rein in the Hawks Trying to Derail the Tariff Truce

China sought to depict a call between Xi Jinping and President Trump as an appeal from one strongman leader to another to run a tight ship and stay on course.
U.S. Trade Deficit Plummets in April

U.S. trade fell sharply as President Trump’s global tariffs began to weigh on imports.
U.S. Is Trimming Back Its Collection of Consumer Price Data

The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system.
Export Controls Are Endangering the Fragile U.S.-China Truce

Just two-and-a-half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other’s key industries.
U.S. Pauses Exports of Jet Engine Technology and Chip Software to China

President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains.
Nvidia’s Chief Says U.S. Chip Controls on China Have Backfired

Jensen Huang, the chipmaker’s top executive, said the attempt to cut off the flow of advanced A.I. chips spurred Chinese companies to “accelerate their development.”
Trump Administration Considers Large Chip Sale to Emirati A.I. Firm G42

The firm, which the U.S. government scrutinized for its ties to China, is angling for hundreds of thousands of advanced artificial intelligence chips in a deal that could be finalized this week.
U.S. Starts Investigation Into Imported Planes and Parts

The Trump administration could use the investigation to impose new tariffs on imported planes, jet engines and other aerospace parts.
For the U.S. and China, the Only Talking Is About Whether to Talk

The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
U.S. Economy Shrank in First Quarter as Trump Tariffs Loomed

Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown.
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs

The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business

Howard Lutnick, the secretary of commerce, has become a go-to for major companies seeking relief from tariffs. But he’s not always friendly to their interests.