The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.
Category: Protectionism (Trade)
Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis
The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from President-elect Donald Trump.
Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.
Another Jolt of Uncertainty for a Global Economy Mired in It
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Now That Rates Are Falling, Let’s Turn to Other Matters
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on financial markets.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
G7 Finance Ministers Aim to Use Russia’s Frozen Assets to Help Ukraine
Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.
G7 Finance Ministers Close Ranks as Tensions with Russia and China Fester
Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.