Boeing Reports Smaller Loss but Trade War Threats Loom
The plane maker, which has been trying to recover from a quality crisis, could lose orders in China as a result of President Trump’s tariffs.
International Trade and World Market
Tariffs on China Aren’t Likely to Rescue U.S. Medical Gear Industry
The few domestic companies that still make protective gear for health care workers have clamored for federal intervention. But they worry President Trump’s trade war with China won’t help.
Rachel Reeves Says U.K. Will Not Alter Standards for U.S. Trade Deal
The British government is hoping to reach an agreement with the United States to soften the economic blow British businesses are facing from higher tariffs.
Trump Has Mixed Emotions Toward Japan
The president at turns praises and criticizes Japan, a U.S. ally that decades ago stirred his anger over the unequal balance of trade and his penchant for tariffs.
Trump’s 10% Tariff May Be Less Onerous but Still Raises Prices and Threatens Trade
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers.
Canada Conditionally Waives Retaliatory Tariffs on U.S.-Made Cars and Trucks
Companies that make cars in Canada will be exempted provided they keep up production.
Trump’s Tariff Threat for Drug imports Poses Big Political Risks
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.
Trump’s Dilemma: A Trade War That Threatens Every Other Negotiation With China
President Trump is staking everything on winning by imposing tariffs on China. But the fight threatens to choke off negotiations about other issues like Taiwan, fentanyl, TikTok and more.
China’s Halt of Critical Minerals Poses Risk for U.S. Military Programs
The Pentagon and defense contractors are heavily reliant on magnets and rare earth minerals mined or processed in China, which has suspended exports of the materials in an escalating trade war.
Tariff-Induced Inflation Surge May Be Temporary, Fed Official Says
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to growth.