The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.
The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.
President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for Americans. But a review of how they work suggests that is not the case.
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.
Ties between the United States and Mexico have deepened over 30 years of free trade, creating both benefits and irritants.
The order is aimed at “last-minute, lame-duck” agreements signed by the Biden administration, a White House memo says.
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
Experts say the freight system could handle an increase in imports from Canada and Mexico, but there is little sign of a significant increase.
Economists, policymakers and investors are bracing for a trade war that has been brewing since Election Day.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.