The experience of a company in the textile business illustrates how the trade war could force some industries to shift production out of the United States.
Category: International Trade and World Market
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Trump Wants America to Make iPhones. Here’s How India Is Doing It.
India is carving out a new space for Foxconn and other high-end manufacturers, just as President Trump demands American companies do at home.
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Trump Administration Signals Trade Talks May Extend Beyond July Deadline
The Treasury secretary said negotiations with some countries might last until Labor Day, signaling that the White House may hold back from imposing tariffs on some trading partners in early July.
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China Confirms Trade Framework With U.S. to Lift Export Controls
The deal involves loosening exports of rare earths to the United States and the lifting of some restrictions on U.S. goods to China, China’s Ministry of Commerce said.
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Trump’s Tariffs Have Unsettled Thailand’s Pet Food Exporters
After rapid growth, Thailand is the biggest overseas supplier of pet food in the United States. Volatility in policy has some importers looking elsewhere.
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Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
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How Japan and Alaska Pioneered the Global Market for L.N.G.
The leading role the United States plays in liquefied natural gas traces its roots to a small Alaskan outpost that began shipping the fuel to Japan in 1969.
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The Alaska Town at the Center of Trump’s $44 Billion LNG Push
Nikiski in southern Alaska is waiting to see if backing from President Trump and a new developer will advance a decades-old initiative to export natural gas.
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U.S. Textile Makers, Feeling Forgotten by Trump, Hope Boom Days Are Ahead
The Trump administration faces hard choices in determining what industries to protect as it uses tariffs to construct an industrial policy.
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White House Faces Risk of Economic Fallout From Iran Strike
President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. “KEEP OIL PRICES DOWN.”
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Second Fed Official Indicates Support for Faster Rate Cuts
Comments from two officials, both appointed by President Trump, suggest a split among policymakers.