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 […]
Tag: Customs (Tariff)
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 […]
Stock Market Chaos Over Tariffs Could Take Toll on Economy
This time, maybe the stock market is the economy. Financial markets around the world have plummeted in the days since President Trump announced sweeping tariffs, setting off a global trade war. The S&P 500 declined […]
After Navarro Defends Tariffs, Bessent Says Trump Is Ready to Negotiate
Peter Navarro, a senior White House trade adviser, on Monday defended the sweeping tariffs President Trump has imposed on foreign nations and indicated that other countries’ offers to drop their own tariffs on American products […]
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
President Trump’s plan to impose sweeping tariffs on most of America’s trading partners has governments across the globe racing to schedule phone calls, send delegations to Washington and offer up proposals to lower their import […]