Investors sold stocks and bonds after Moody’s downgraded the U.S. credit rating, potentially complicating negotiations around Republicans’ tax plan.
Category: Protectionism (Trade)
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Trump’s Movie Tariffs Run the Risk of a Second, More Damaging, Trade War
Hollywood offers a service, and services are what really drive the U.S. economy. President Trump’s proposed tax could set off a second, and more damaging, trade war.
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Trump Pokes at India Again With Claims on Tariffs and Technology
President Trump suggested that New Delhi was ready to charge the United States “no tariff.” India’s foreign minister said that the two countries were still negotiating.
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Jerome Powell, a Potential Winner from the Trade Reprieve
The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump could be a tougher convert.
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Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
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Inside the U.S.-China Trade Cease-Fire
Global markets are rallying on optimism over Washington and Beijing reaching a major, if temporary, détente in their tariff fight.
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What Can Treasury Secretary Scott Bessent Win in China Talks?
President Trump hailed an agreement with Britain as a breakthrough — but far tougher negotiations, including with China, beckon.
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CEOs at Milken Conference Fear Tariffs and Hope for Trade Deals
At the annual Milken Institute Global Conference, the anxious talk was about tariffs and hopes for trade agreements and de-escalation.
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Trump’s Threatened Tariffs Are So Large, 10% Feels Like a Relief
As he proposes ever stiffer tariffs, President Trump has normalized his merely big ones.
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India and UK Strike Trade Deal Amid Trump’s Tariff Upheaval
The two countries signed a deal three years after negotiations began to strengthen alliances in what the British prime minister called a “new era” of trade.
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Why Apple Warned About a $900 Million Tariff Hit
The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the trade war.
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GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.