Officials from both sides are set to talk on Monday in London, aiming to resolve differences over tariffs and supply chains that have endangered a fragile truce between the countries.
Category: Customs (Tariff)
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Solid Jobs Report Bolsters Fed’s Patience on Rate Cuts
The central bank is in wait-and-see mode amid extreme uncertainty about the economic outlook.
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As Trump’s Tariffs Reshape Trade, Businesses Struggle With Economic Uncertainty
Policymakers and business owners are navigating a highly uncertain moment for the economy, wary of overreacting but watchful of a meaningful downturn.
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How ASML, a Key Supplier to the Chip Industry, Is Navigating Trump’s Trade War
ASML, the Dutch company that makes multimillion-dollar tools to manufacture advanced semiconductors, is grappling with the repercussions of a tech trade war.
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U.S. Trade Deficit Plummets in April
U.S. trade fell sharply as President Trump’s global tariffs began to weigh on imports.
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Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty
The reductions will come over two years as the consumer products giant seeks to reorganize.
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UK Gets Steel Tariff Exemption, but Europe Pays Double
Despite an exemption from 50 percent tariffs, Britain still has to pay a 25 percent duty because its trade deal with the United States has yet to be put in place.
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China Tries to Stop Smuggling of Rare Earths as Shortages Loom Abroad
Police officers, customs officials and spies are reinforcing China’s embargo on the critical minerals that it overwhelmingly controls.
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Trump Bemoans How ‘HARD’ It Is to Strike a China Deal
Even the president appears to be doubting his strategy to win over Beijing, as relations fray between the trading partners.
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Trump Doubles Steel and Aluminum Tariffs
The president ratcheted up the rate on foreign metals to 50 percent, saying the former levies weren’t high enough to help the U.S. industry.