The 25 percent tariff the president is proposing is almost identical to a move in his first term. Economists and foreign governments know what will come next.
Category: International Trade and World Market
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Markets Play Down the Hit From Trump’s Latest Trade Fight
Global markets are in a wait-and-see mode as President Trump vows to slap steel and aluminum tariffs, among other levies, on trading partners.
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China Is at Heart of Trump Tariffs on Steel and Aluminum
Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.
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Trump Allows Low-Cost Chinese Products to Enter U.S. Without Tariffs, for Now
The president temporarily paused a provision that had imposed tariffs on many packages sent from China beginning this week and that had sowed confusion among retailers and shippers.
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Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick
The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.
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Trump Trade Nominee Defends Plan to Reorder International Trade
Jamieson Greer advocated restructuring the international trading system and defended the president’s aggressive actions against Canada and Mexico as he testified before the Senate.
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How Trump Scrapping the De Minimis Rule Could Affect Consumers and Retailers
President Trump scrapped the de minimis rule, a provision that allowed low-cost goods, like clothing from e-commerce sites, to enter the United States without facing taxes.
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Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy
The Danish maker of Ozempic and Wegovy reported a 25 percent increase in sales to $40.6 billion, but said it expected slower growth this year.
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Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
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U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.
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U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.