A Tariff Pile-On Threatens to Escalate a Global Trade War

A Tariff Pile-On Threatens to Escalate a Global Trade War

American trading partners responded swiftly to President Trump’s latest round of levies with countermeasures, creating more uncertainty for C.E.O.s.
Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick

Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick

The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.