Tag Archives: International Trade and World Market

President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon. Karoline Leavitt, the White House press secretary, came out swinging in her press briefing on Tuesday morning, accusing Amazon of being “hostile and political” after a report — disputed by the company — from Punchbowl News saying …

President Trump has expressed little interest in fighting climate change. One of his key cabinet officials has even sought to evaluate whether humanity benefits from a warming climate, in a bid to undermine environmental rules. Yet even as he works to accelerate oil and gas production, Mr. Trump’s economic approach may inadvertently reduce greenhouse gas emissions, as consumption slows in …

The labor market remained sound in March, with job openings declining but layoffs remaining near record lows, while rates of new hiring were slow but steady, according to data released by the Bureau of Labor Statistics on Tuesday. The numbers from last month are a snapshot of the state of the U.S. economy and labor market before the start of …

The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate production to the United States. Tariffs of 25 percent on imported vehicles and on auto parts will remain in place. But the tariffs will be modified so that …

President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in accomplishing that goal. Mr. Trump has provoked a trade war, scrapped treaties and suggested that Washington might not defend Europe. He is also dismantling the governmental infrastructure that has provided the know-how and experience. The changes …

Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies have been trying to win him over. Leaders of Nvidia, Facebook, Taiwan Semiconductor Manufacturing Company and Alphabet have visited his newly purchased $25 million property in Washington — a 16,250-square-foot mansion that Mr. Lutnick, a billionaire, recently quipped would be …

Somewhere along a roughly 7,500-mile journey that begins in Shenzhen, China, there are 19 shipments bound for Rick Woldenberg, the chief executive of Learning Resources, an educational toy company in Vernon Hills, Ill. Eventually, the containers of puzzle cards, child binoculars and other products will reach a port in the United States, and Mr. Woldenberg will face a difficult and …

Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make medicine affordable. But that could soon change. For months, President Trump has been promising to impose higher tariffs on pharmaceuticals as part of his plan to reorder the global trading system and bring key manufacturing industries back to the …

If the trade war between China and the United States is a game of high-stakes brinkmanship, it is currently a game that Beijing is not willing to play. Faced with growing claims by President Trump and administration officials that the two countries are engaged in talks and that a deal could be reached in a matter of weeks, China’s Foreign …

President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on Friday that he had been in touch with Xi Jinping, China’s president, even as Chinese officials insisted that no negotiations were occurring. In an interview with Time on Tuesday, Mr. Trump said Mr. Xi had called him, though he …