The measure is aimed at countering China’s dominance of commercial shipbuilding and helping to revitalize the American industry.
Category: International Trade and World Market
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Investors Fear the Return of the U.S.-China Trade War
The market is rebounding, but analysts see plenty of reason for concern about heightened tensions between Washington and Beijing.
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Asia Markets Fall After Trump Threatens New Tariffs on China
Investors reacted to a pledge from the president on Friday to impose a “massive” new tariff on Chinese imports.
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Cars to Fighter Jets: China’s New Export Curbs May Level a Heavy Blow Worldwide
Broad restrictions could cause supply interruptions for arms makers, as well as manufacturers in the semiconductor, automotive and other sectors.
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China Flexed. Trump Hit Back. So Much for the Thaw.
Beijing’s trade curbs and President Trump’s tariff threats show how quickly calm can give way to confrontation between the two largest economies.
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Trump Threatens to Cancel Meeting with China’s Xi and Impose New Tariffs
The president raised economic retaliation after Beijing imposed new restrictions on the export of rare earth minerals, which are vital supplies for U.S. automakers and defense manufacturers.
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Riding the Wild Wave of Crypto Coverage
David Yaffe-Bellany, a technology reporter who has covered the cryptocurrency industry since 2022, has come to embrace learning on the fly.
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Riding the Wild Wave of Crypto Coverage
David Yaffe-Bellany, a technology reporter who has covered the cryptocurrency industry since 2022, has come to embrace learning on the fly.
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Germany’s Top Economist Charts a Path Out of Europe’s Crisis
Joachim Nagel, the president of Germany’s central bank, warned against “complacency” in European capitals over tariffs, competition with China and attacks on institutions.
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Oscar S. Wyatt Jr., Wily Texas Oilman, Is Dead at 101
He made billions selling energy with his Coastal Corporation, courted presidents and dictators, and eventually went to prison for paying kickbacks to the Iraqi government.
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In N.J. Governor’s Race, Energy Costs Have Become a Central Issue
Energy costs have become a central issue in the governor’s race between Jack Ciattarelli, the Republican, and Representative Mikie Sherrill, the Democrat.
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E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World
European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.