The framework agreement will likely not do much for economic growth on either side. But it avoids new fissures on other foreign policy issues, particularly the war in Ukraine.
Category: International Trade and World Market
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U.S. and China Meet as Trade Truce Nears Expiration
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.
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U.S. and China Meet as Trade Truce Nears Expiration
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.
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The Country Where 76% of Cars Sold Are Electric
Subsidies, hydroelectricity and a manufacturing powerhouse neighbor are moving the cars into Nepal faster than almost anywhere else.
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Boeing Emerges as a Winner in Trump’s Trade Wars
Countries striking agreements with the United States have pledged to buy more Boeing planes, but it’s not clear whether those orders were the result of President Trump’s tactics.
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Behind a Maine Coffee Company’s Decision to Raise Prices
Like many companies, Rock City Coffee resisted increasing prices as President Trump’s trade war drove its costs up. Then it ran out of options.
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Volkswagen Hit Hard by Trump’s Tariffs
The German automaker said that the U.S. import duties erased about $1.5 billion from its profit in the first half of the year.
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The World Has Too Much Steel, but No One Wants to Stop Making It
A global plunge in prices, led by increased production from China, and U.S. tariffs threaten steel manufacturing, which has long been a symbol of national might.
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Europe Nears U.S. Trade Deal, but Stands Ready to Retaliate
Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.
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E.C.B. Pauses Rate-Cutting Campaign, as Trade Disputes Cloud Outlook
After eight consecutive cuts, policymakers held interest rates steady, noting that “the environment remains exceptionally uncertain.”
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South Korea Jockeys for a Deal With Trump at Least as Good as Japan’s
The agreement Japan secured has added pressure on South Korea to defuse the threat of high tariffs on its exports to the United States.