Already this year, China’s trade surplus with Africa is nearly as big as all of 2024, a sign of how President Trump’s tariffs are reshaping the flow of goods.
Category: International Trade and World Market
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India’s Investors, Defying Tariffs, Keep Pouring Money Into Stocks
Middle-class Indians have been plowing their savings into the stock market, making it far less vulnerable to the shocks of a trade war.
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Immigration Raid on Hyundai-LG Plant in Georgia Rattles South Korea
The shocked but subdued reaction to the arrest of hundreds of Koreans at the site reflected the delicate position of a government engaged in tense trade talks with the Trump administration.
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Porsche Is No Longer a Blue-Chip Company in Germany
The German carmaker will soon no longer be listed on the leading DAX stock index three years after it made a blockbuster debut, amid losses in China and the threat of U.S. tariffs.
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U.S. Imports Rose in July Following Months of Trade Turmoil
Data released Thursday morning showed trade rebounding slightly after President Trump’s sweeping global tariffs discouraged foreign countries from doing business with the United States.
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Wall Street’s Bet Against the Trump Tariffs
Investors are offering to buy importers’ rights to any refunds of the administration’s levies. It’s a longshot wager that courts will overturn the tariffs.
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John Deere, a U.S. Icon, Is Undermined by Tariffs and Struggling Farmers
The tractor maker said that sales were down and that higher metal tariffs would cost it $600 million, while American farmers face dwindling overseas demand for some crops.
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In Tariff Standoff With Trump, China Boycotts American Soybeans
U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal.
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Trump Asks Supreme Court to Allow His Sweeping Tariffs
A federal appeals court had invalidated a centerpiece of President Trump’s economic strategy, finding that a 1977 law did not authorize the tariffs.
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Trump’s Fight with the Fed Carries a Heavy Cost, Experts Say
The president’s attacks on the central bank’s independence could undermine investor confidence in the institution at a crucial time.
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After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs
The president and his advisers have suggested they will fight a federal appeals court’s ruling that found many of the administration’s tariffs to be illegal.