Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
It Is Happening Every Day, Every Where
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
The system America took 80 years to assemble proved surprisingly fragile in the face of Trump’s assault, a revolution in how the country exercises power across the globe.
The country’s trade minister stressed its role as a top investor and employer in the United States in a bid to avoid being hit by new levies on metals and cars.
Mark Carney will most likely be in power just a few weeks before a federal election is held. To win, he will try to convince Canadians he can take on, but also negotiate with, Trump.
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.
Trump’s commerce secretary suggested a compromise might be reached to reduce the 25 percent tariff, following a day of turmoil in the stock markets.
As he welcomed the leaders of Ukraine and Canada to his country estate this week, the king was sending a message to the world.
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.
The European Commission’s president unveiled a sweeping plan to help Ukraine and boost defense spending, but it won’t be easy.