
Fact-Checking Trump’s Claim About Egg Prices
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.
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.
Global markets were in a tailspin on Thursday as policymakers and trade partners expressed dismay over president’s latest trade-war salvo.
Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.
The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.
The answer appears to begin with the total trade deficit America runs with its trading partners.
Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.
President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.
President Trump announced sweeping levies on countries across the world. Washington’s partners have been bracing for the fallout.
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.
Passage would send a strong signal of bipartisan opposition to the levies, though the measure would face long odds in the House.
European officials are weighing deploying a tool called the anti-coercion instrument that would potentially target American tech and financial giants.
Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.
The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.