Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
It Is Happening Every Day, Every Where
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
The Treasury secretary and trade representative plan to meet with Chinese officials this weekend to discuss trade and economic matters.
The president thinks he can return America to manufacturing glory — but the cycles of economic history are hard to break.
The president’s turnover of the economic order has unleashed changes that could prove lasting, because other countries will adjust.
The German government scaled back its prediction for 2025 to zero growth, citing the turbulence caused by U.S. tariffs, as well as stubborn bureaucracy and high energy prices.
British officials also announced more financing for exporters as the country sought to protect firms hurt by tariffs.
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.
Economic turmoil, particularly a rapid rise in government bond yields, caused President Trump to reverse course on the steep levies.
A yet-to-be-named Universal Studios theme park will be the country’s largest tourist attraction when it opens in 2031. But studio executives have not yet said which characters will be featured.
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.