Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.
Category: Customs (Tariff)
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‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
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Gulf Coast Shrimpers See Hope in Trump’s Tariffs
After years struggling to compete with cheaper, farm-raised imported shrimp, shrimpers from Florida to Louisiana are optimistic that the new tariffs will help them.
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China Tries to Downplay the Trade War’s Effects on Its Economy
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure. It is also censoring criticism at home.
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China Downplays the Trade War’s Effects on Its Economy
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure and casting itself as a responsible champion of fair trade.
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Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town
Kanda, on Japan’s southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.
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Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.
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Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.
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Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.
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Vietnam Urges United States to Delay Imposing Tariffs On It
In recent years Vietnam has forged strategic and economic links with the United States, its former foe, making the steep tariff rate all the more of a shock.
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British Carmaker Jaguar Land Rover Pauses Shipments to U.S.
The luxury automaker, which faces 25 percent import tariffs, said it was halting shipments in April as it addresses the new trading terms.
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A Tariffs Cheat Sheet
An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.