Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.
Category: Commerce Department
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Trump Suspends Tariffs on Mexico for a Month
Goods trading under the rules of the North American trade pact, or the vast majority of products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.
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Who’s Got Trump’s Ear on Tariffs? Lutnick or Navarro?
Corporate leaders and investors continue to be caught off guard by the president’s trade policy, especially as deal talks heat up.
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Federal Grant Program Opens Door to Elon Musk’s Starlink
Under new rules from President Trump’s Commerce Department, a $42 billion high-speed internet effort will no longer favor fiber-optic cable.
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Trump to Pause Auto Tariffs for Canada and Mexico for One Month
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
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Trump’s Latest Tariffs on Canada, Mexico and China Could Be His Biggest Gamble
President Trump has offered a mix of reasons for upending global trade relations, baffling and angering America’s biggest trading partners.
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Canada and China Retaliate Against Trump’s Tariffs, Amid Fears of Trade War
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.
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Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.
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Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.
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TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.
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Trump Turns Up Trade Pressure on China After Beijing Fails to Come Running
China is still cautiously trying to figure out what Trump wants. The president has threatened big tariffs in response to the inaction.
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Trump Picks Another Trade Fight With Canada Over Lumber
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada.