Germany has long taken flak from Wall Street and financial capitals around Europe for the extreme fiscal conservatism that has kept the country’s debt levels low. But as global markets convulsed this week, investors rewarded […]
Tag: Customs (Tariff)
Trump Defends Tariff Strategy Amid Global Trade War and Market Chaos
As new U.S. tariffs upended financial markets and sent foreign governments scrambling to respond, President Trump on Wednesday morning remained ebullient, posting at one point on Truth Social: “BE COOL!” “Everything is going to work […]
As Trump Upends Global Trade, Europe Sees an Opportunity
President Trump has big ambitions for the global trading system and is using tariffs to try to rip it down and rebuild it. But the European Union is taking action after action to make sure […]
China Raises Retaliatory Tariffs on U.S. Goods to 84% After Trump’s Latest Levies
Beijing on Wednesday aimed the latest blow in the escalating trade war between the United States and China, by raising new tariffs on all American imports by 84 percent. China’s Ministry of Finance announced that […]
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
When Congress voted to normalize trade relations with China at the beginning of this century, U.S. manufacturers braced for a stream of cheap goods to begin flowing into U.S. ports. Instead, they got a flood. […]
