Category: International Trade and World Market

As Trump’s Tariffs Reshape Trade, Businesses Struggle With Economic Uncertainty

Policymakers and business owners are navigating a highly uncertain moment for the economy, wary of overreacting but watchful of a meaningful downturn.
Marina von Neumann Whitman Dead: International Trade Expert Was 90

She was the first woman to serve on the White House Council of Economic Advisers. At General Motors, she became one of the highest-ranking women in corporate America.
How ASML, a Key Supplier to the Chip Industry, Is Navigating Trump’s Trade War

ASML, the Dutch company that makes multimillion-dollar tools to manufacture advanced semiconductors, is grappling with the repercussions of a tech trade war.
U.S. Trade Deficit Plummets in April

U.S. trade fell sharply as President Trump’s global tariffs began to weigh on imports.
European Central Bank Cuts Rates as Trade War Weighs on the Economy

It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.
Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty

The reductions will come over two years as the consumer products giant seeks to reorganize.
How Higher Tariffs on Steel and Aluminum Will Affect Companies

Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
UK Gets Steel Tariff Exemption, but Europe Pays Double

Despite an exemption from 50 percent tariffs, Britain still has to pay a 25 percent duty because its trade deal with the United States has yet to be put in place.
Trump Wants America to Make Things Again. Does It Have What It Takes?

President Trump wants to revive factories, using tariffs as a tool. Companies that want to re-shore manufacturing are grappling with how to do it.
U.S.-China Trade War Morphs From Tariffs Into Fight Over Supply Chain

Instead of battling over tariffs, Washington and Beijing have turned to a potentially far more harmful strategy: flexing their control over global supply chains.
What to Know About China’s Halt of Rare Earth Exports

Since early April, China has stopped almost all shipments of critical minerals that are needed for cars, robots, wind turbines, jet fighters and other technologies.
Trump’s Tariffs Expected to Drag Down the Global Economy

Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said.