With the new tariffs announced on Wednesday in Washington, President Trump has now imposed additional tariffs on Chinese goods of 54 percent — an extremely heavy burden that will cause companies to look elsewhere for […]
Tag: China
Apple Leads Tech Stock Sell-Off After Trump Tariffs, Falling 9 Percent
On Thursday morning, Tim Cook, Apple’s chief executive, woke up to the worst day for his company’s stock in five years. Apple shares fell more than 9 percent in response to President Trump’s plan to […]
Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China
The New Civil Liberties Alliance — a nonprofit group that describes itself as battling “violations by the administrative state” — sued the federal government on Thursday over the means by which it imposed steep new […]
The Vicious Cycle of Extreme Heat Leading to More Fossil Fuel Use
Last year was the hottest on record, and global average temperatures passed the benchmark of 1.5 degrees Celsius above preindustrial times for the first time. Simultaneously, the growth rate of the world’s energy demand rose […]
With Trump’s Tariffs, the Chasm Between Allies and the U.S. Widens
President Trump’s announcement of sweeping tariffs on America’s trading partners has widened the rift between the United States and some of its closest allies while reconfiguring the global economic order. Mr. Trump’s plan, which he […]