The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada.
Category: International Trade and World Market
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How Trump’s Tariffs Could Affect American Companies
Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.
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Oil Companies Wanted Trump to Lower Costs. Tariffs Are Raising Them.
The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
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Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?
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When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.
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Canada Urges Its Travelers to Stay Home as Trade War With U.S. Continues
Last year, Canadians visiting the United States were responsible for $20.5 billion in spending. Some are now changing their travel plans as the neighboring nations battle over trade.
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Trump’s New Crackdown on China Is Just Beginning
The administration is positioning itself to clamp down on Chinese investment and access to technology. But the wild card may be the president himself.
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What Germany’s Election Result Means for Its Economy
The next German government faces calls to loosen borrowing rules, slash energy costs and spur innovation. It won’t be easy.
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Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit
OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of natural gas, drilling for oil and experimenting with geothermal energy.
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How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.