The White House on Thursday clarified that China faced a minimum tariff rate of 145 percent on all imports to the United States. A day earlier, President Trump had said that he was increasing tariffs […]
Tag: Customs (Tariff)
Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him to rethink his approach. “I know what the hell I’m […]
U.S. Bond Sell-Off Is Another Worrisome Echo of the Liz Truss Fiasco
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 […]
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 […]