The European Union voted on Wednesday to approve its first retaliation measures in response to President Trump’s tariffs, moving closer to placing increased duties on a range of manufactured goods and farm products including soybeans […]
Tag: Customs (Tariff)
For small Lesotho, there are few options for responding to large tariffs.
In Lesotho, the small southern African nation that is among the countries hardest hit by President Trump’s new tariffs, business owners were meeting on Wednesday to strategize their response. For a country with an economy […]
Trump’s Tariff Goal Is to Eliminate Trade Deficits. Economists Have Doubts.
Behind President Trump’s decision to hit some of America’s largest trading partners with stiff tariffs is his fixation on the trade deficit that the United States runs with other nations. But many economists say that […]
Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs
Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into […]
Trump Officials Try to Calm Markets by Pointing to Talks on Tariffs
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped […]
