The country’s commerce ministry called President Trump’s threat to escalate tariffs on China by another 50 percent “blackmail.”
Category: United States Politics and Government
-
Another Law Firm Braces for Possible Blowback From Trump
Cadwalader, Wickersham & Taft balked at having one of its partners represent Donald Trump in his criminal cases. Now the firm is among those that have been pushed to agree to a deal with the White House.
-
Trump and Paramount Agree on Mediator in ‘60 Minutes’ Lawsuit
President Trump’s $20 billion suit accuses CBS News of deceptively editing an interview with former Vice President Kamala Harris.
-
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.
-
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.
-
Does Trump Have an ‘Off Ramp’ From His Trade Fight?
With global markets again in free-fall, the president appeared to be losing support of business leaders, raising questions about his leverage in his trade fight.
-
Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.
-
Gulf Coast Shrimpers See Hope in Trump’s Tariffs
After years struggling to compete with cheaper, farm-raised imported shrimp, shrimpers from Florida to Louisiana are optimistic that the new tariffs will help them.
-
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.
-
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.