The European Union struck a trade deal that protected political priorities, like chicken and beef standards, while allowing headline-grabbing concessions. Consider lobsters.
Category: United States
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The Tycoons Who Profit From India’s Thirst for Russian Oil
President Trump’s new front in the trade war against India focuses on a pair of enormous refineries with extraordinary owners.
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Why Are Tariffs on Switzerland So High?
President Trump sees Switzerland as doing too little to address its trade deficit with the U.S., a gap he focused on as he imposed a 39% tariff on Swiss goods.
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Taiwan Strained by 20% Tariffs, No Trade Deal and Political Uncertainty
Taiwan’s export manufacturers are facing steeper U.S. tariffs than their neighbors got and getting squeezed by an appreciating currency.
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Japan Says Trump to Correct ‘Extremely Regrettable’ Error in Tariff Order
Tensions have been mounting between the United States and Japan as both sides appear to have starkly different interpretations of a trade deal finalized last month.
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Trump’s Threat to Hit Chips With 100% Tariffs Raises Big Questions
The semiconductor supply chain is complex and global. And most chips come into the United States as part of electronics.
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Southeast Asia Looks for Clarity From U.S. on ‘Rules of Origin’
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
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Southeast Asia Looks for Clarity From U.S. on ‘Rules of Origin’
Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product.
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Japan’s Auto Giants Are Expecting Pain Despite Trump Trade Deal
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The reduced rate has yet to be implemented.
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China’s Exports Surged in July as Companies Raced to Beat Trump Tariffs
China is shipping more goods to Southeast Asia and other regions that often re-export them to the United States. China still sells three times as much to the United States as it buys.
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What Happened to India Becoming the Next China?
With threats of tariffs up to 50 percent, President Trump seems to be scrapping America’s plan to turn India into a counterweight to China, declaring instead that it was a “dead economy.”
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Why the B.L.S. Regularly Revises Jobs Data
President Trump fired the head of the Bureau of Labor Statistics last week and described a jobs report that included a big downward revision as “rigged.”