Canada’s retaliation this week against President Trump’s tariffs was met with more American tariffs and a closed U.S. border on some Canadian products.
Category: International Trade and World Market
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Trump’s Midterm Pitch Clouded by Iran War and Canada Tariffs
The New York Times – Business:A worsening trade war and a spike in oil prices could create new economic risks as the president prepares to rally Republicans for the midterms.
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China’s Surging Exports Loom Over Trump’s Talks With Xi
The New York Times – Business:China’s exports grew by a quarter in the month of August, weeks before its leader, Xi Jinping, is set to meet with President Trump in Washington.
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Canada Imposes New Tariffs on U.S. Goods, as Trade War Intensifies
The New York Times – Business:The duties are a retaliation against President Trump’s recent tariffs, raising concerns about further escalation.
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Canada’s Retaliatory Tariffs Set to Take Effect as Trump Threatens to Escalate
The New York Times – On the Runway:New Canadian levies of up to 50 percent are expected to begin Tuesday, even as Washington warns of a new round of American tariffs.
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In Peru, the Trump Administration Sees the Limits of Its Anti-China Push
The New York Times – On the Runway:As Secretary of State Marco Rubio travels this week to Peru, its growing economic ties to China have raised tensions with the U.S., but show no signs of reversing course.
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Will a Turnaround Plan Revive Volkswagen or Merely Delay Its Demise?
The New York Times – Business:The beleaguered auto giant reached a deal with unions to cut tens of thousands of jobs and slash production. Is it enough to revive an iconic German company?
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U.S. Trade Gap Ballooned in July
The New York Times – Business:The trade deficit bounced back up last month as spending on data centers to feed the A.I. boom drove up imports.