As two-way trade expands, India’s surplus is growing. President Trump is expected to press Prime Minister Narendra Modi to lower tariffs.
Category: Protectionism (Trade)
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Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.
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Europe Vows to Respond to Trump’s Tariffs, but Holds Back on Details
European leaders have said that they will respond firmly to higher levies on steel and aluminum, but they have yet to say what that retaliation will look like.
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How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.
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Trump’s Tariffs on Steel and Aluminum Re-Up Contentious First-Term Policies
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.
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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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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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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.