The measure is aimed at countering China’s dominance of commercial shipbuilding and helping to revitalize the American industry.
Category: United States International Relations
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Asia Markets Fall After Trump Threatens New Tariffs on China
Investors reacted to a pledge from the president on Friday to impose a “massive” new tariff on Chinese imports.
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China Flexed. Trump Hit Back. So Much for the Thaw.
Beijing’s trade curbs and President Trump’s tariff threats show how quickly calm can give way to confrontation between the two largest economies.
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Trump to Announce a Drug Pricing Deal With AstraZeneca
The move would follow a similar agreement with Pfizer. Other companies are engaged in talks with the White House that would help them avoid tariffs on their products overseas.
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Trump Threatens to Cancel Meeting with China’s Xi and Impose New Tariffs
The president raised economic retaliation after Beijing imposed new restrictions on the export of rare earth minerals, which are vital supplies for U.S. automakers and defense manufacturers.
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Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
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Hunter Biden Pursued a Deal to Sell Land Around the U.S. Embassy in Romania
The proposed transaction, stemming from relationships that started while his father was vice president and involving a Chinese partner, underscores the extent of Mr. Biden’s questionable business dealings abroad.
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E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World
European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.
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OPEC Plus Agrees to Small Boost in Oil Production
Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks.
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As Witkoff Pitched Mideast Peace, His Son Pitched Mideast Investors
Steve Witkoff’s son recently sought money from Gulf states including Qatar, which has previously invested in Witkoff family projects to win favor with President Trump.
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Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.