After being smacked with double-digit percentage tariffs by a key ally, Japan finds itself with few retaliatory options. Since President Trump began threatening broad tariffs in January, Japan has pursued a conciliatory strategy, with Prime […]
Tag: Customs (Tariff)
Britain Tried Everything, Including a Royal Invite. It Got a 10% Tariff.
After all that — the chummy Oval Office meeting, the extraordinary royal invitation, the paeans to the “special relationship” — Britain and its solicitous prime minister, Keir Starmer, still got swept into President Trump’s tariffs, […]
Russia’s Escape From Trump’s Tariffs Raises Questions
When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia. Treasury Secretary Scott Bessent told Fox News on Wednesday that Moscow was spared because sanctions imposed […]
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
Through Covid, political chaos, and economic disarray, Sri Lanka and Bangladesh kept one industry central to their hopes of prosperity afloat: the manufacturing of ready-made garments, with the United States as their main market. Then […]
Ford Offers Discounts on Cars and Trucks as Auto Tariffs Kick In
Ford Motor said on Thursday that it was lowering prices on most of its vehicles to the same levels it charges employees in a bid to boost sales as President Trump’s tariffs on imported cars […]