The president threatened both Apple and the European Union with higher tariffs on Friday, saying trade talks with the Europeans had stalled.
Tag: United States Economy
G7 Officials Gather Amid Headwinds From Trump’s Trade War
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada.
The U.S. Under Trump: Alone in Its Climate Denial
The administration is not only allowing more greenhouse gases. It is undermining the nation’s ability to understand and respond to a hotter planet.
This Is the Trade Conflict Xi Jinping Has Been Waiting For
For years, the leader of China has planned to make the world dependent on its exports and know-how. But the strategy has costs for his own country.
U.S. Starts Investigation Into Imported Planes and Parts
The Trump administration could use the investigation to impose new tariffs on imported planes, jet engines and other aerospace parts.
U.S. and China Dig In on Trade War, With No Plans for Formal Talks
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
Trump Signs Executive Order Walking Back Some Auto Tariffs
Most levies on imported cars and car parts will remain in place, but automakers have secured some relaxation of the trade policy.
National Climate Assessment Authors Are Dismissed by Trump Administration
The Trump administration told researchers it was “releasing” them from their roles. It puts the future of the assessment, which is required by Congress, in doubt.
Trump Team Races to Form Trade Deals After Tariffs Sow Global Chaos
The president’s threats of tariffs have brought countries like Japan, South Korea and India rushing to negotiate, but they have sown chaos with bigger trading partners like China.