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Donald Trump reaps $50bn tariff haul as world ‘chickens out’
Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.
Trump's pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty
After slashing billions in foreign aid, including shutting down the U.S. Agency for International Development, the Trump administration says it is forging a new approach: "commercial diplomacy." Trade,
Donald Trump's tariffs are pulling in billions, but is it really a win?
Data rolling in on the collection of tariffs by the United States suggests the trade war initiated by President Donald Trump is already generating significant revenue for the U.S. Treasury.
Before Trump, Indonesia Had Another Trade Headache: China
Long before President Trump wielded tariffs as a weapon to punish Indonesia, the country was fighting back a flood of cheap Chinese goods.
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Trump ratchets up tariffs on metals for EV batteries
The Commerce Department on Thursday imposed steep duties on imports of Chinese graphite in a win for domestic producers.
Why Trump's tariffs may hit low-income households hardest
President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.
Port of Oakland shipments drop dramatically as tariffs spur ‘market recalibration’ in trade
The effects of international tariffs are being felt at the Port of Oakland, which saw a 10.1% drop in overall shipping volume in June
'Be clever with Donald Trump': Raghuram Rajan says China's tariff pain could be India's big shot
While cautioning against protectionism, Rajan said targeted tariff reductions could enhance competitiveness in sectors like auto manufacturing. “We produce certain kinds of cars very well,” he said, suggesting lower import barriers might even sharpen domestic performance.
Trump Thinks China Will Begin Sentencing People to Death for Fentanyl Distribution
WASHINGTON (Reuters) -U.S. President Donald Trump said on Wednesday that he thinks China will begin sentencing people to death for fentanyl manufacturing and distribution.
Consumer sentiment improved in July, despite Trump's tariff threats
Consumer sentiment ticked higher in July, marking two consecutive months of improved shopper attitudes as businesses navigated President Donald Trump’s latest tariff threats targeting dozens of countries.
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