The deals, totaling $36 billion, were the first step in a $550 billion investment pledge aimed at securing tariff relief and sustaining U.S. relations.
Category: Customs (Tariff)
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The Quiet Architect of Trump’s Global Trade War
Jamieson Greer, a low-key lawyer from a working-class background, is rewriting the rules of the global economy at the president’s behest.
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U.S. Inflation Eased at Start of the Year
The Consumer Price Index fell in January to 2.4 percent from 2.7 percent a month
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Crises Everywhere, but the Markets Don’t Seem to Mind
Stocks have prospered while the world has plunged into disorder, an economist says. “Keep calm and carry on” may be the best investors can do.
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Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
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India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower Tariffs
Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation’s farmers.
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Federal Debt to Hit Record Levels, Budget Office Warns
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
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In a Bid to Kick-Start Growth, Britain Turns to China
Buffeted by tariffs and trade tensions, Prime Minister Keir Starmer took British business leaders to China and emerged with deals on visas and Scotch whisky, as well as pledges to deepen ties.
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Will Kevin Warsh Do What Trump Wants?
Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates.
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U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility
The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
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U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility
The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
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Trump’s Trade Policies Sort Manufacturers Into Winners and Losers
Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.