Voters and some Republican lawmakers are growing weary of President Trump’s trade battles and the economic fallout from fighting in the Middle East.
Category: Protectionism (Trade)
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China Threatens Retaliation as U.S. Moves to Block Robot Imports
The New York Times – Business:The dispute highlights how robotics has become the latest battleground in the intensifying technological and industrial rivalry between Washington and Beijing.
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As U.S. Brands Stumble, China Wins Over Young Indonesians
The New York Times – Business:A new generation of Indonesian consumers view Chinese brands as high-tech and of good quality, a departure from the days when “made in China” was associated with cheap goods.
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Tariff Turmoil Returns to Global Markets
The New York Times – Business:Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies.
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‘Murky Waters’ for Global Businesses After Trump’s Tariff Loss
The New York Times – Business:Even after the Supreme Court invalidated many of the president’s levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another.
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How Kevin Hassett Became a Trump Loyalist and Fed Chair Contender
Mr. Hassett’s evolution from conservative economist to defender of the president’s economic agenda has raised questions about how he would lead the central bank.
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How Many Toys Will Parents Buy for Their Kids This Christmas?
Ynon Kreiz, the chief executive of Mattel, believes consumers squeezed by tariffs and inflation will cut back on other things before they skimp on Barbies and Hot Wheels.
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Trump Defends Tariffs Amid Growing Concerns Over Affordability
The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.