The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered market turmoil in 2022 after she proposed sweeping tax cuts that she proposed to pay for with […]
Tag: Customs (Tariff)
After Trump’s Tariffs Pause, the EU Takes a Moment to Reassess
European Union officials had just approved retaliatory levies of 10 to 25 percent on about $23 billion of American imports when President Trump abruptly changed tack on Wednesday, announcing that he would hit pause on […]
Inside Factories in China, a Struggle to Survive Trump’s Tariffs
As President Trump ratcheted up new tariffs on goods from China to 125 percent this week, the mood in the dusty streets and small factories of southeastern China was a mixture of anger, worry and […]
Trump’s Encouragement of Stock Investors Draws Scrutiny
President Trump began his Wednesday with some advice for those rattled by his steep tariffs. “BE COOL,” Mr. Trump told his followers on social media after the markets opened. Just a couple of minutes later […]
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and raised fears of a recession. Just hours after he put punishing levies into […]
