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.
Category: United States
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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.”
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Uber’s Festering Sexual Assault Problem
The company has tested tools that make rides safer, court records show. Measures to stem the violence have been set aside in favor of protecting the company’s business.
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Bolsonaro House Arrest Casts Shadow Over Brazil-U.S. Trade Talks
The Brazilian Supreme Court justice’s order could complicate efforts to negotiate over President Trump’s punishing tariffs, set to go into effect this week.
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Switzerland Rushes to Give Trump ‘More Attractive’ Offer to Cut Tariffs
The Swiss government said it had “no indication” the country would be hit with a 39 percent tariff, which is set to take effect this week.
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What’s It Like to Deal With Brutal U.S. Tariffs? Ask Malaysia.
Once a cog in the Malaysian economy, the solar industry profited from Chinese investment. Now it’s becoming a case study of what happens when the United States closes its markets.
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Trade Fueled Inequality. Can Trump’s Tariffs Reduce It?
The president has pitched his trade policies at workers who feel left behind by globalization. But that doesn’t mean trade barriers will revive factories and close income gaps.
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192,000 Play Kitchens Are Recalled After Child Dies of Strangulation
Children playing with the set can get caught on a hook of the toy kitchen and asphyxiate themselves, the U.S. Consumer Product Safety Commission said.