Category: International Trade and World Market

Supreme Court Confronts Trump and His Tariffs in Test of Presidential Power

The justices face so-called legitimacy dilemma as they deal with a tricky legal dispute and a president who has made clear he would view defeat as a personal insult.
Will Trump’s Tariff Deal Tilt the Playing Field Back Toward China?

The president’s trade truce with China has lowered U.S. tariffs to a level that could pause a longer-term effort to reduce America’s dependence on Beijing.
Republicans in Congress Show Signs of Angst Over Trump’s Trade War

Senators opposed the president’s plan to import beef from Argentina and voted three times this week to end his power to enforce sweeping tariffs.
Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.
In China Truce on Tariffs and Rare Earths, National Security Controls Are Bargaining Chip

Some analysts say Beijing won a major victory in its trade talks: Getting the U.S. to withdraw a national security measure that previously was not under discussion.
Apple’s iPhones Fuel Record Sales and Profit

The company’s revenue rose to above $100 billion in the quarter for the first time and profit soared 86 percent.
Why Investors Seem Underwhelmed by the Trump-Xi Meeting

The highly anticipated event covered a lot of ground on tariff and trade barriers, but questions remain about reaching a lasting accord.
China’s Pause on Rare Earth Controls: What to Know

China has suspended export controls announced this month, but was conspicuously silent about rules imposed earlier, which are snarling global supply chains.
Trump and Xi, Hoping to Ease Trade War, Agree to 1-Year Truce

China agreed to suspend for a year some of its limits on exports of rare earth metals, while the U.S. halved its fentanyl-related tariffs.
As Trump Weighs Sale of Advanced A.I. Chips to China, Critics Sound Alarm

The president signaled he would discuss the sale of Nvidia’s Blackwell chips in a summit on Thursday, a move U.S. officials warned would be a “massive” national security mistake.
Toyota Says $10 Billion U.S. Investment Touted by Trump Isn’t New

Japanese officials have called into question some elements of the flurry of big new investments announced by President Trump during his Japan visit.
Japanese Executives Called On by Trump Pledge U.S. Investment

Toyota said it would sell some of its U.S.-made cars in Japan, one of a number of announcements by companies responding to U.S. pressure over trade imbalances.