Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.
Category: Customs (Tariff)
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Trump Imposes Tariffs on Remote Islands
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
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Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.
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More Penguins Than People: Trump Imposes Tariffs on Remote Islands
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
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Ford offers discounts on cars and trucks as auto tariffs kick in.
The company said it would offer customers the same prices it offers its employees on most of its vehicles.
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Apple Plunges 9 Percent, Leading a Tech Sell-Off
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
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Europe Has Economic Power. Can It Use It Against Trump’s Tariffs?
European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they’ve tried before.
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Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.
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Trump’s Tariffs Don’t Apply to Chips, but Taiwan Remains Wary
As the center of the global supply chain, Taiwan’s chip companies are expected to face pressure from Washington to invest more in the U.S.
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How Countries Reacted to Trump’s Tariffs
China vowed countermeasures and the E.U. promised a unified response, while Britain and Japan refrained from immediate retaliation.
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The Fallout from Trump’s Reign of Tariffs
Global markets were in a tailspin on Thursday as policymakers and trade partners expressed dismay over president’s latest trade-war salvo.