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 […]
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Five Takeaways From Trump’s Plan to Rescue Coal
Hard hats are back. So is “beautiful, clean” coal. President Trump signed four executive orders on Tuesday to try to bolster the country’s declining coal industry, including the lifting of restrictions on mining and burning […]
China Condemns American ‘Protectionism’
The Chinese government on Wednesday issued a lengthy denunciation of American trade policies, accusing the United States of years of protectionism and of violating the trade agreement the two sides had negotiated late in President […]
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 […]
Trump Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’
President Trump’s tariffs are posing a major barrier to his plans to expand U.S. oil production — or, in his words, “drill, baby, drill.” Since the tariffs were announced last week, oil prices have fallen […]