Joachim Nagel, the president of Germany’s central bank, warned against “complacency” in European capitals over tariffs, competition with China and attacks on institutions.
Category: International Trade and World Market
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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.
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Global Trade Growth to Slow Sharply Next Year, W.T.O. Says
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.
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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.