Politics
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower…
Tag
Customs (Tariff)
Politics
Nintendo Delays Preorders for the Switch 2, Citing Tariffs
The Japanese video game company Nintendo said on Friday that it would delay preorders for its new console, the Switch 2, in the United…
Politics
Tempted by Trump’s Tariffs to Panic-Buy? Don’t.
I went to Costco on a tariff run, and did not stock up on anything. It was tempting. Mark Cuban was on social media telling people it was…
Politics
China Retaliates Against Trump With 34% Tariff on U.S. Goods
The Chinese government will match President Trump’s plan for 34 percent tariffs on goods from China with its own 34 percent tariff on…
Business
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
In the weeks leading up to his expansive global tariffs, President Trump and his top aides tried to prime the public for economic pain.…
Business
Stocks Fall Further as Concern About Tariffs Deepens
Share prices fell sharply for a second day on Friday in Asia, and futures market trading indicated that American share prices might soon…
Politics
Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China
The New Civil Liberties Alliance — a nonprofit group that describes itself as battling “violations by the administrative state” — sued the…
Politics
Grocery Shoppers Will Feel the Tariffs First in Produce
Grocery shoppers are likely to feel the impact of the Trump administration’s sweeping new tariffs before April is over. And the first…
Politics
Trump Is Promising a Manufacturing Renaissance. Is That Even Possible?
President Trump’s imposition of tariffs on a scale unseen in nearly a century is more than a shot across the bow at U.S. trading partners.…
Politics
Trump Imposes Tariffs on Remote Islands
President Trump’s tariffs have spared almost no corner of the Earth. Even tiny, sparsely populated islands that export close to nothing.…
Politics
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Prime Minister Mark Carney said that Canada had introduced a 25 percent tariff on cars and trucks made in the United States in retaliation…
Politics
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
President Trump on Wednesday ordered the closure of a loophole that allows retailers to directly send clothes and other goods from China…
Politics
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
President Trump upended the international trading system on Wednesday with a blunt package of global tariffs, making the case that the…
Politics
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
Through Covid, political chaos, and economic disarray, Sri Lanka and Bangladesh kept one industry central to their hopes of prosperity…
Business
Oil and metals prices fall on concerns about the global economy.
Oil prices plunged Thursday on fears that President Trump’s latest round of tariffs would slow economic growth around the world, curbing…
Politics
Russia’s Escape From Trump’s Tariffs Raises Questions
When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia. Treasury Secretary Scott…
Politics
A Stunned World Reckons With Economic Fallout From Trump’s Tariffs
Laptop computers from Taiwan, wine from Italy, frozen shrimp from India, Nike sneakers from Vietnam and Irish butter. These products are…
Politics
Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
Germany had hoped that a new government would revive its stagnant economy, but President Trump’s sweeping new tariffs are stoking worries…
Politics
Trump Tariffs Live Updates: Global Powers Warn of Trade War Over New Tariffs
April 3, 2025, 4:05 a.m. ET An electronic board showing Nikkei share average in Tokyo, Japan on Thursday.Credit...Kim Kyung-Hoon/Reuters…
Politics
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
After being smacked with double-digit percentage tariffs by a key ally, Japan finds itself with few retaliatory options. Since President…
Politics
With Trump’s Tariffs, the Chasm Between Allies and the U.S. Widens
President Trump’s announcement of sweeping tariffs on America’s trading partners has widened the rift between the United States and some…
Politics
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
Tariffs on imported vehicles took effect Wednesday, a policy that President Trump said would spur investments and jobs in the United…
Politics
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
With the new tariffs announced on Wednesday in Washington, President Trump has now imposed additional tariffs on Chinese goods of 54…
Politics
How Are Trump’s Tariff Rates Calculated?
As he unfurled his list of tariffs targeting most of America’s trading partners, President Trump repeatedly stressed that each nation’s…