Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
Category: International Trade and World Market
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G.M. Stops Exporting Cars to China
The decision affects relatively few vehicles because the vast majority that General Motors sells there are made in that country.
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Trump Berates Walmart and Mattel for Warning About Tariff Price Increases
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.
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Tariff Uncertainty Threatens to Drag Down Europe’s Economic Growth
The European Union scaled back its forecast for growth in 2025 by nearly half a percent, as the jump in tariffs and surrounding chaos bite.
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Will Trump’s Trade War Turn Canada’s Auto-Parts Capital Into a Ghost Town?
President Trump’s tariffs on auto parts are already causing job losses in Windsor, Ontario, the heart of an industry that makes components for vehicles bound for the United States.
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Markets Head Lower in Wake of Concerns About U.S. Debt
A downgrade by Moody’s amplified some existing worries about the cost of President Trump’s policies and the health of the U.S. economy.
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Minnesota Iron Miners Lost Their Jobs, But Not Their Faith in Trump’s Tariffs
With demand for steel down and a trade war underway, miners in the Iron Range of Minnesota are feeling the hit. But they hope better times are ahead.
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Trump’s Movie Tariffs Run the Risk of a Second, More Damaging, Trade War
Hollywood offers a service, and services are what really drive the U.S. economy. President Trump’s proposed tax could set off a second, and more damaging, trade war.
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‘It’s All About Trump’s Tariffs’: Asia Flocks to U.S. Trade Official
Asia Pacific Economic Cooperation nations, staring down U.S. tariffs, jockeyed for time with U.S. Trade Representative Jamieson Greer at a gathering in South Korea.
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How Small Business Owners Are Handling Tariffs on China
An easing in President Trump’s tariffs on Chinese goods gave businesses some breathing room. Long-term planning, though, is still on pause.
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U.S. Ranchers Can Sell Britons More Beef. Will They Buy It?
The countries’ trade agreement is just a first step, U.S. officials say. But British consumers are still skeptical of American food production.
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A Trade War Winner? The Booming Business of Returned Products.
As retailers slow down orders for foreign goods because of tariffs, companies that recirculate overstocked or returned items may help fill the gap.