President Trump’s rapidly escalating trade war with China has resulted in eye-watering tariffs on products exchanged between the countries and scrambled prospects for many global businesses that depend on the trade. And there is no […]
Tag: Protectionism (Trade)
Trump’s Tariff Fight With China Poses New Threat to US Farmers
After China unveiled steep retaliatory tariffs on American exports on Wednesday, Treasury Secretary Scott Bessent issued a sharp and somewhat surprising response: “So what?” The question underscored the Trump administration’s argument that America has the […]
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 […]
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 […]