Initially 49%, it was lowered to 19%, easing worries of a damaging hit to the country’s garment and footwear production industries.
Category: Trump, Donald J
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Here’s What to Know About Trump’s 50% Tariffs on Brazil
Latin America’s biggest economy can weather the shock of a high tariff rate. But American coffee lovers and Brazilian ranchers are likely to feel the pain.
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How India Became One of the Biggest Buyers of Russian Oil
President Trump upended trade negotiations with India by making the purchase of crude oil a sticking point.
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Key Inflation Measure Rose in June, Adding to Pressure on Fed
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
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On Eve of Tariff Deadline, Trump’s Trade War Faces Key Court Test
A federal appeals panel will hear arguments from states and businesses that seek to invalidate the president’s tariffs.
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Murky Pledges of Investment Cast Shadow on Trump’s Trade Deals
Recent global trade deals with the United States were secured with huge, often vaguely defined investment pledges from partners like Japan.
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Trump’s Fight With the Fed Won’t End With Rate Cuts
President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even once it begins to lower interest rates.
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On Eve of Tariff Deadline, Trump’s Trade War Faces Key Court Test
A federal appeals panel will hear arguments from states and businesses that seek to invalidate the president’s tariffs.
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Art Spiegelman, John Waters and Other Banned Artists on How Censorship Changed Them
Nine artists on how American censorship changed their work and their lives.
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China Summons Nvidia Over ‘Backdoor Security’ Risks of A.I. Chips
The move came two weeks after the Trump administration reversed course to allow Nvidia to sell the coveted artificial intelligence chips in China.
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Countries Promise Trump to Buy U.S. Gas, and Leave the Details for Later
U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term.
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Trump Announces Health Care Records System for Consumers
The administration is working with tech companies to make sharing information with various providers easier. Experts raised concerns about privacy and security.