President Trump has offered a mix of reasons for upending global trade relations, baffling and angering America’s biggest trading partners.
Category: Prices (Fares, Fees and Rates)
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How Retaliatory Tariffs by China, Canada and Mexico Could Harm American Farmers
Trade wars during President Trump’s first term slashed billions of dollars in U.S. agricultural exports. Farmers and trade groups expect an even bigger hit this time.
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Trump’s New Tariffs Could Strain Collection of Customs Fees
Importers will have to make changes to pay new tariffs on goods from Canada, Mexico and China, and government agencies will need more resources to enforce the fees.
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Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
The Saudi-led cartel said its members would start gradually pumping more oil in April.
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How Trump’s Tariffs on China Are Affecting Toy Companies
A trade show for toys, most of which are made in China, showcased an industry, underneath the fun, rattled by President Trump’s higher tariffs.
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Rodney McMullen, Kroger CEO, Resigns After Board’s Personal Conduct Investigation
The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were “inconsistent” with its business ethics policy.
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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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Guggenheim Lays Off 20 Employees as Financial Challenges Persist
The museum has suffered from rising costs and lower attendance. The cuts followed those at the Brooklyn Museum, which trimmed 10 percent of its staff this month.
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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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Trump Takes Aim at Chinese Shipping Amid Widening Trade War
A new proposal would impose steep levies on Chinese-made ships arriving at U.S. ports, threatening to increase costs for imports.