U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term.
Category: International Trade and World Market
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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
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Who Pays in Trump’s Trade War?
Whether tariffs drive up prices could have significant implications for the Federal Reserve.
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Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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Boeing Reports Strongest Revenue in Six Years
Although the aerospace company lost money in the second quarter, it built and sold more planes as it recovered from quality crises and a workers strike.
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I.M.F. Raises Global Growth Outlook as U.S. Looks to Avert Trade Wars
The International Monetary Fund warned that trade tension continued to be a risk for the global economy.
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Europe Made Major Trade Concessions to Trump. How Did That Happen?
Some European politicians are dismayed that the European Union did not drive a harder bargain, but facing the threat of a damaging trade war, officials say they had little choice.
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Trump Is Winning His Trade War. What Will That Mean for the Economy?
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.
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Why It Matters That India and Trump Don’t Have a Tariff Deal
The stakes are high, with the United States and India counting on one another as indispensable partners in their competition with China.
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Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices.
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Who Pays for U.S. Tariffs, and Where Does the Money Go?
President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works.
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Making Sense of the E.U. Trade Deal
Questions, critiques and discrepancies are hanging over the framework agreement, but investors seem to view it as a win all the same.