President Trump has big ambitions for the global trading system and is using tariffs to try to rip it down and rebuild it. But the European Union is taking action after action to make sure […]
Tag: International Trade and World Market
China Raises Retaliatory Tariffs on U.S. Goods to 84% After Trump’s Latest Levies
Beijing on Wednesday aimed the latest blow in the escalating trade war between the United States and China, by raising new tariffs on all American imports by 84 percent. China’s Ministry of Finance announced that […]
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
When Congress voted to normalize trade relations with China at the beginning of this century, U.S. manufacturers braced for a stream of cheap goods to begin flowing into U.S. ports. Instead, they got a flood. […]
Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
President Trump’s whipsawing tariff policy has prompted bipartisan alarm on Capitol Hill, where Democrats are outraged and Republicans are caught between their deep opposition to tariffs and fear of criticizing Mr. Trump. The president’s abrupt […]
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
Among those opposed to President Trump’s tariffs on imports from China: a legal group funded by some of the biggest names in conservative politics. Last week, a Florida business owner challenged the Trump administration’s moves […]