
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.
Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.
An idealist, he founded The Texas Tribune, a model for nonprofit grass-roots news organizations nationwide, and the American Journalism Project, which supports them.
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.
European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.
The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.
The company said it would offer customers the same prices it offers its employees on most of its vehicles.
The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.
As he announced sweeping tariffs, President Trump claimed there had been a large decline in the price of eggs. That’s not the whole picture.
President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.
The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of freer trade.
European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they’ve tried before.
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.
China vowed countermeasures and the E.U. promised a unified response, while Britain and Japan refrained from immediate retaliation.
In spite of a prolonged charm offensive by Prime Minister Keir Starmer, President Trump said that the U.K. would be hit with the universal base rate levied on all countries.