The Swiss government said it had “no indication” the country would be hit with a 39 percent tariff, which is set to take effect this week.
Category: International Trade and World Market
-
Trump Lures Foreign Investment With a Familiar Pitch: Show Me the Money
President Trump is using an “Art of the Deal” approach to get trading partners to hand over cash to lower their tariffs.
-
What’s It Like to Deal With Brutal U.S. Tariffs? Ask Malaysia.
Once a cog in the Malaysian economy, the solar industry profited from Chinese investment. Now it’s becoming a case study of what happens when the United States closes its markets.
-
After a Lag, Consumers Begin to Feel the Pinch of Tariffs
There are growing signs that President Trump’s levies are filtering through to consumer prices, as companies exhaust options for keeping them stable.
-
India Will Buy Russian Oil Despite Trump’s Threats, Officials Say
President Trump said last week that he would punish India if it did not cut off Russian oil imports, but he did not specify what the penalty might be.
-
Ahead of Trade Deadline, Firms Rushed Goods Out of Duty-Free Warehouses
By keeping inventory in bonded warehouses or foreign trade zones, importers were able to hedge the tariff rate they ultimately paid.
-
Stock Market Posts Worst Week in Months on Renewed Economic Fears
Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.
-
How Tariffs Raise Costs for Farmers, Making Food More Expensive
The latest round of tariffs is likely to make agricultural production even more expensive and, potentially, limit access to goods not produced in the United States.
-
Trump Turns to Untested Tariffs to Reorder Global Trade
President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.
-
Stocks Drop as Trump’s New Tariffs Weigh on Markets
President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor market weighed on markets.
-
Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’
The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.
-
With New 40% Tariff, Trump Takes Aim at U.S. Dependence on China’s Factories
President Trump’s executive order carved out a special tariff on goods shipped indirectly to the United States by way of other countries.