Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
Category: International Trade and World Market
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Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
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Trump Officials Point to Outreach on Tariffs in a Bid to Calm Markets
Jamieson Greer, the United States trade representative, will tell senators the U.S. is economy is in need of “drastic, overdue change.”
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Trump’s Tariffs May Rewire Markets’ Psychology
Trade tensions have begun to force a rethink about how much investors and businesses should bet on the United States.
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Stock Market Chaos Over Tariffs Could Take Toll on Economy
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
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American Whiskey Distillers Brace for Trump’s 2nd Trade War
The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.
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Art Sales Fell by 12% Last Year, Art Basel and UBS Report Says
“Geopolitical tensions, economic volatility and trade fragmentation” drove the market down, according to the Art Basel and UBS Global Art Market Report.
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Some Calm Returns to Asian Markets Even as Trade Tensions Escalate
Stocks rise in China after Beijing announces support measures a day after market plunges triggered by tariffs imposed by President Trump.
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Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.
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Trump Threatens Huge Tariffs on China in Response to Its Retaliation
The president said he would counter Beijing’s tariffs — which came in response to Mr. Trump’s own levies — with even more tariffs on Chinese imports.
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JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.