Economic officials meeting in Madrid will seek to head off a November tariff deadline.
Category: Economic Conditions and Trends
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How Lutnick Is Using Government Power to Pressure Private Companies
Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
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China’s Exports to Africa Are Soaring as Trade to U.S. Plunges
Already this year, China’s trade surplus with Africa is nearly as big as all of 2024, a sign of how President Trump’s tariffs are reshaping the flow of goods.
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Why France’s Financial Woes Are Pushing Its Government to the Brink
The French prime minister has proposed drastic spending cuts and tax increases to shore up the country’s accounts, but his plan could backfire.
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How Bad Bunny’s Puerto Rico Residency is Boosting the Economy
Bad Bunny’s three-month concert series in San Juan is spurring a short-term surge in Puerto Rico’s economy.
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India Was the Economic Alternative to China. Trump Ended That.
A lurch in policy has shaken the India-U.S. economic alliance against China, leaving India little choice but to consider reversing its own strategy.
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America Closed Malls, but China Kept Building Them. Now It Has Too Many.
The first closing of an Apple Store in mainland China hints at broader troubles facing the country’s shopping malls as developers open more of them despite a glut.
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India Reels at Trump’s Highest Tariffs Yet
Businesses and policymakers are casting around for help from unlikely places, as the country’s exports to the United States are crushed by 50 percent tariffs.
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Trump Raises Tariffs on India to 50% Over Russian Oil
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making.
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Fears of a French Government Collapse Send Its Borrowing Costs Soaring
France’s finance minister suggested that a cornerstone of the European economy might need help from the International Monetary Fund if a political and debt crisis were not addressed.
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5 Years On, China’s Property Crisis Has No End in Sight
The government had set out to slow speculation, kicking off a slowdown in real estate values that is still grinding on with wide economic consequences.