Stephen Miran, a close adviser to the president who is likely to become a governor at the central bank, has pushed for a weak dollar and lower interest rates.
Category: Customs (Tariff)
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Taiwan Strained by 20% Tariffs, No Trade Deal and Political Uncertainty
Taiwan’s export manufacturers are facing steeper U.S. tariffs than their neighbors got and getting squeezed by an appreciating currency.
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Japan Says Trump to Correct ‘Extremely Regrettable’ Error in Tariff Order
Tensions have been mounting between the United States and Japan as both sides appear to have starkly different interpretations of a trade deal finalized last month.
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Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
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Trump’s Tariffs Could Raise Prices on Many Consumer Goods
The tariffs are driving up prices on everyday goods as businesses warn they can no longer absorb costs, leaving consumers to foot the bill.
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Effect of U.S. Tariffs on British Companies ‘Milder Than Feared,’ Central Bank Says
Britain’s economy is driven by domestic factors more than global ones right now, the governor of the Bank of England said on Thursday, when the central bank cut interest rates.
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Markets Rise, Taking Steeper Tariffs in Stride
Major indexes in Asia and Europe posted gains and U.S. futures climbed in premarket trading.
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India Tariffs Could Make Spices Costlier, Trade Group Warns
Many cooking spices are imported from India, and the 50 percent tariffs on the country’s imports could drive costs higher.
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Trump’s Threat to Hit Chips With 100% Tariffs Raises Big Questions
The semiconductor supply chain is complex and global. And most chips come into the United States as part of electronics.
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Southeast Asia Looks for Clarity From U.S. on ‘Rules of Origin’
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
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Southeast Asia Looks for Clarity From U.S. on ‘Rules of Origin’
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
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Japan’s Auto Giants Are Expecting Pain Despite Trump Trade Deal
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The reduced rate has yet to be implemented.