Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.
Category: International Trade and World Market
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Volkswagen will add an ‘import fee’ to cars sold in the U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
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Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Mark Carney, a former central banker, also called on ‘like minded nations’ to form a new trading order without the United States.
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
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The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.
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Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.
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Trump Imposes Tariffs on Remote Islands
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
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More Penguins Than People: Trump Imposes Tariffs on Remote Islands
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
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Trump’s Trade War Risks Forfeiting America’s Economic Primacy
The United States has steered an economic order for 80 years based on trade and trust, making the country the world’s financial superpower. That vision is now blurred.
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Ford offers discounts on cars and trucks as auto tariffs kick in.
The company said it would offer customers the same prices it offers its employees on most of its vehicles.
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Apple Plunges 9 Percent, Leading a Tech Sell-Off
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.