The new fees are aimed at countering China’s dominance of the shipbuilding industry, but critics say they will simply raise prices for American consumers.
Tag: Protectionism (Trade)
A Crisis at a British Steel Mill Has Cast a Shadow Over U.K.-China Relations
Britain was edging closer to China, but a dispute at a Chinese-owned steel company in the U.K. may prompt a rethink.
How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs
Britain’s decision to leave the European Union in 2016 was sold to voters as a magic bullet that would revitalize the country’s economy. Its impact is still reverberating.
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.
Europe Prepares to Counter Trump’s Tariff Moves. Will Retaliation Work?
Europe wants to negotiate, but it is also trying to project strength. As Trump warns nations against retaliation, that strategy could be perilous.
Europe Has Economic Power. Can It Use It Against Trump’s Tariffs?
European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they’ve tried before.
As Musk Makes Some Headway in India, He Is Also Suing Its Government
Elon Musk’s pursuit of business expansion in the country through Tesla and Starlink is coming at the same time that his X platform is waging a fight over free speech.
US Exporters Vie to Shape Trump’s Reciprocal Tariffs Ahead of April 2
Makers of a vast array of American products are weighing the risks, and potential payoffs, of the sweeping tariffs the president has promised on April 2.
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
Trump Tariffs Leave No Country Room for Exemptions, U.S. Tells Canada
In talks aimed at finding common ground on tariffs, Canadian officials were told April 2 will be a crucial day in setting the Trump tariff doctrine, and any relief could come later.