Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president also further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.
It Is Happening Every Day, Every Where
The president also further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.
Under a measure the G.O.P. is working to pass on Wednesday, lawmakers would give up their ability to force a vote on undoing the president’s tariffs until October.
Behind Trump’s new tariffs is a goal that is as ambitious as it is unrealistic: eliminating the bilateral trade deficit with every U.S. trading partner.
The global trading system is only one example of the administration tearing something apart, only to reveal that it has no plan for how to replace it.
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
Jamieson Greer, the United States trade representative, will tell senators the U.S. is economy is in need of “drastic, overdue change.”
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
Elon Musk has been criticizing Trump’s tariff policy — and publicly. Could there be a strategy?
The president said he would counter Beijing’s tariffs, which came in response to Mr. Trump’s own levies, with even more tariffs on Chinese imports.