U.S. imports and exports ticked up from lows the previous month when the president’s global tariffs went into effect, while the trade deficit continued to fall
Category: Customs (Tariff)
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Trump Defends Tariffs Amid Growing Concerns Over Affordability
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.
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Trump Plans $12 Billion Bailout to Aid Farmers Hit by Tariffs
The federal aid comes after China boycotted American farm products in retaliation for U.S. tariffs.
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Despite Trump’s Tariffs, China’s Trade Surplus Climbs Past $1 Trillion for First Time
President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.
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Have Trump’s Tariffs Gone as High as They Can Go? Businesses Hope So
A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
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Scott Bessent on Tariffs, the Fed and the Economy
The U.S. treasury secretary spoke with Andrew Ross Sorkin at the DealBook Summit on Wednesday.
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U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs
President Trump has complained that wealthy countries like Britain pay too little for drugs, leading America to bear much of the burden of the costs of medicines.
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It’s Your Duty to Pay the Duty: Buyers Hit With Extra Charges on Packages
The end of a tariff exemption on goods worth $800 or less has left some U.S. shoppers with an extra shipping bill that must be paid before delivery.
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For These Businesses, U.S. Tariffs Are a Price Worth Paying
Some British business owners are determined to keep their access to American consumers, but they are facing trade-offs.
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Two Retail Chiefs Take Stock of a Make-or-Break Holiday Shopping Season
The leaders of Nordstrom and Selfridges are dealing with tariffs, a tough economy and a fight for relevance.
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As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers
Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties.
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Retail Earnings Show Shoppers’ Resilience, but Some Stores Struggle
Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality.