It Is Happening Every Day, Every Where
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
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.
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.
Goods trading under the rules of the North American trade pact, or the vast majority of products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.
President Trump has not made good on a promise to disclose who contributed to his transition effort.
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.
There is excitement about the potentially lucrative resources scattered around the island, especially the rare earths. But extreme weather, fired-up environmentalists and other factors have tempered hopes of a bonanza.
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada.
The operation was driven with a frenetic focus by the billionaire, who channeled his resentment of regulatory oversight into a drastic overhaul of government agencies.
President Trump’s first cabinet meeting was a display of deference to Elon Musk.