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.
Category: International Trade and World Market
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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.
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Could the Trade Fight Take a Bite Out of Apple?
A news report says that Beijing is weighing an inquiry into the iPhone maker, underscoring Chinas options in fighting against President Trump’s tariff threat.
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Why These Companies in Louisville, Ky., Fear Trump’s Tariffs
American companies intent on making goods in the United States are fretting over the impact of tariffs on their access to parts and raw materials.
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Trump’s 10% Tariff on Chinese Goods Takes Effect
A 10 percent tariff on Chinese products took effect just after midnight Tuesday, and it remains to be seen if Mr. Trump will strike a deal to remove them.