Category: International Trade and World Market

Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks

Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.
In Pursuing Canal, Trump Could Push Panama Closer to China

President-elect Donald J. Trump’s threat to take back the Panama Canal may be posturing, but it could dampen the Panamanian government’s wish to broaden relations with the United States, analysts say.
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office

Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion

China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.
Economists Are in the Wilderness. Can They Find a Way Back to Influence?

Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language have cost them credibility.
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes

President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
Port Labor Talks Hinge on Deal on Automation

Cargo could stop flowing at East and Gulf Coast ports, which handle most imports, if a union and an employers’ group can’t agree on the use of machines that can operate without humans.
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.

The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity

Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
Why Taiwan’s Foxconn, an iPhone Supplier, Is Investing in Texas and Thailand

The Apple supplier has spent millions in the United States, India and Mexico over the past two years to lessen its dependence on China.
Trump’s Plans to Scrap Climate Policies Has Unnerved Green Energy Investors

President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.