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 […]
Tag: Customs (Tariff)
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. […]
Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
President Trump’s whipsawing tariff policy has prompted bipartisan alarm on Capitol Hill, where Democrats are outraged and Republicans are caught between their deep opposition to tariffs and fear of criticizing Mr. Trump. The president’s abrupt […]
Trump’s Tariffs Could Impact Apparel Companies That Make Clothing in the U.S.
On the open 15th floor of a loft building in Midtown Manhattan, about a dozen skilled workers make their way through piles of pants, stitching each piece together with focus and precision. Some of the […]
Trump’s Tariff Fight With China Poses New Threat to US Farmers
After China unveiled steep retaliatory tariffs on American exports on Wednesday, Treasury Secretary Scott Bessent issued a sharp and somewhat surprising response: “So what?” The question underscored the Trump administration’s argument that America has the […]