The European Union struck a trade deal that protected political priorities, like chicken and beef standards, while allowing headline-grabbing concessions. Consider lobsters.
Category: International Trade and World Market
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The Tycoons Who Profit From India’s Thirst for Russian Oil
President Trump’s new front in the trade war against India focuses on a pair of enormous refineries with extraordinary owners.
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Why Are Tariffs on Switzerland So High?
President Trump sees Switzerland as doing too little to address its trade deficit with the U.S., a gap he focused on as he imposed a 39% tariff on Swiss goods.
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New Tariff on ‘Transshipped’ Goods Mystifies Importers
The Trump administration levied a hefty tariff on goods that are moved through other countries, but it has not yet fully explained its plans.
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Taiwan Strained by 20% Tariffs, No Trade Deal and Political Uncertainty
Taiwan’s export manufacturers are facing steeper U.S. tariffs than their neighbors got and getting squeezed by an appreciating currency.
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Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
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Trump’s Tariffs Could Raise Prices on Many Consumer Goods
The tariffs are driving up prices on everyday goods as businesses warn they can no longer absorb costs, leaving consumers to foot the bill.
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Markets Rise, Taking Steeper Tariffs in Stride
Major indexes in Asia and Europe posted gains and U.S. futures climbed in premarket trading.
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Trump’s Threat to Hit Chips With 100% Tariffs Raises Big Questions
The semiconductor supply chain is complex and global. And most chips come into the United States as part of electronics.
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Southeast Asia Looks for Clarity From U.S. on ‘Rules of Origin’
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.