But exactly what the country will do remains unclear and the scale of the current disruption makes decision-making difficult.
Tag: International Trade and World Market
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.
Luxury Fashion Brands Are ‘Biting Their Nails’ Over EU Tariffs
As tariffs on the European Union take effect, luxury goods makers are “biting their nails” over their treasured “Made in France” or “Made in Italy” products.
E.U. Officials Approve Retaliatory Tariffs Against the U.S.
The tariffs were slated to take effect starting on April 15, and to hit back at President Trump’s steel and aluminum levies.
India’s Millions of New Investors Are Reeling From Tariff Turmoil
Legions of ordinary Indians have gone into stock trading, lured by easy online access and a market boom. Now many of them are getting a rude shock.
U.S. Bond Sell-Off Is Another Worrisome Echo of the Liz Truss Fiasco
Yields on U.S. Treasuries rose Wednesday as investors sold government bonds, usually a haven. In Britain, a sustained version of that trend in 2022 led to a prime minister’s downfall.
For U.S. and China, a Risky Game of Chicken With No Off-Ramp in Sight
China’s latest move: an additional 50 percent tariff on U.S. goods. Neither side wants to look weak by backing down, but a collapse of their trade ties could have profound consequences.
U.S. Tariffs Hobble African Cocoa Industry and Chocolate Makers
The new levies come as nations on the continent continue to struggle with the fallout of the Trump administration’s dismantling of the U.S. Agency for International Development.
China Censors Hashtags Mentioning ‘104%,’ the Size of Trump’s Tariffs
State media drove social media discussions around phrases like: “America is fighting a trade war while begging for eggs.”
Reeling From Trump’s Tariffs, South Korea Tries Striking a Delicate Balance
As its trade negotiators headed to Washington for talks, South Korea announced measures to support the country’s carmakers who were badly hit by the levies announced by President Trump.