President Trump’s order continues a reprieve from the threat of escalating tariffs and export controls, which rocked the global economy earlier this year.
Tag: Customs (Tariff)
What Lobsters and Chickens Reveal About Europe’s Trade Strategy
The European Union struck a trade deal that protected political priorities, like chicken and beef standards, while allowing headline-grabbing concessions. Consider lobsters.
Putin Briefs Leaders of China and India on Talks With U.S. on Ukraine
President Vladimir V. Putin of Russia may be seeking to build support among countries that have backed Moscow or remained neutral in the conflict.
New Tariff on ‘Transshipped’ Goods Mystifies Importers
The Trump administration levied a hefty tariff on goods that are moved through other countries, but it has not yet fully explained its plans.
South Africa’s Equity Laws, Reviled by Trump, May Complicate Tariff Talks
Slapped with a steep tariff, South African officials hope for a deal, but some worry the U.S. may insist that it roll back measures that redress the damage of apartheid.
Staggering U.S. Tariffs Begin as Trump Widens Trade War
The duties, which the president announced last week, took effect for about 90 countries just after midnight.
India Digs In After Trump Doubles Tariffs
Facing a 50 percent tariff as a penalty for buying Russian oil, India says it is “unfortunate” that it is being punished for acting in its national interest.
With Canada No Longer Able to Rely on U.S., Carney Pushes New Markets
Prime Minister Mark Carney suggested he’s unlikely to add additional retaliatory tariffs on U.S. goods, but he is trying to help affected companies develop new products and find new buyers.
Bolsonaro House Arrest Casts Shadow Over Brazil-U.S. Trade Talks
The Brazilian Supreme Court justice’s order could complicate efforts to negotiate over President Trump’s punishing tariffs, set to go into effect this week.
U.S. Imports Slid in June on Higher Tariffs
Imports from other countries fell around 4 percent from the previous month as President Trump’s steep tariffs discouraged businesses from ordering goods.