Follow live updates on today’s jobs report and the global market turmoil from Trump’s tariffs. President Trump unveiled sweeping tariffs on Wednesday afternoon, announcing a minimum 10 percent tariff on all trading partners as well […]
Tag: International Trade and World Market
Slumping Oil Prices Reflect Intensifying Economic Worries
Oil prices continued to fall on Friday, extending a sharp drop that began the day before as fears grew that President Trump’s tariffs could slash global economic growth — and demand for oil. Brent crude, […]
After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
Volkswagen, the German automaker, has told its car dealers that it plans to add an import fee later this month to the price of imported cars sold in the United States. The company’s move is […]
Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
President Trump announced what could be one of the most drastic economic policy changes in decades on Wednesday, when he substituted America’s longstanding system of taxing imports with a new tariff system of his own […]
How Trump’s Tariffs Could Hobble a U.S. Battery Boom
The sweeping tariffs that President Trump announced on Wednesday could hobble the use of giant batteries that energy companies are increasingly installing to help them tap more wind and solar power and make the broader […]