The World Trade Organization said trade growth had proved more resilient in 2025 than expected, but would slow next year as result of President Trump’s tariffs.
Category: International Trade and World Market
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Trump to Unveil Farmer Aid as China Shuns U.S. Crops
As it did in 2018, the White House plans to dole out relief funds to struggling U.S. farmers who have lost their biggest customer.
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Yen Plummets, Stocks Rally: Markets Greet Japan’s Next Leader
The governing party’s unexpected choice of Sanae Takaichi to lead it rattled markets on Monday, causing the yen to weaken and sending Japanese stocks sharply higher.
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New Tariffs Could Worsen America’s Housing Crisis
President Trump’s tariffs on timber, wood, furniture and kitchen cabinets could raise the cost of building and buying a home.
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Trump Officials Flesh Out Tariffs on Kitchen Cabinets, Furniture and Timber
The White House set a relatively low tariff on imports of timber and lumber, and a significantly higher tariff on furniture and kitchen cabinets.
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Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.
The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover.
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Leo Gerard, Who Led a Growing Steelworkers Union, Dies at 78
He helped make it the largest industrial union in North America as he fought an influx of cheap metal from China and lobbied for anti-dumping tariffs.
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How Trump’s Latest Tariffs May Affect Your Medicines
The president said he would impose a tariff of 100 percent on certain brand-name drugs. Here’s what we know so far.
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Trump Expands Tariffs Beyond Supreme Court’s Reach
The president’s tariffs on foreign drugs and furniture rely on national security laws outside the scope of current lawsuits.
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Trump’s Pharma Tariffs Spare Richest Drugmakers
Big companies like Novartis say new tariffs won’t hit them. “A win for Pharma,” Wall Street analysts said.
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Trump’s New Tariffs Hit Furniture and Home Goods Stocks
Shares of Williams-Sonoma and RH fell in early trading, while U.S.-based makers like Ethan Allen rose after the president’s latest tariff announcement.