PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England. Matt Cardy | Getty Images News | Getty Images Tariffs proposed by U.S. President Donald Trump are not simply symbolic, but are punitive and will “cost…
PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England. Matt Cardy | Getty Images News | Getty Images As the specter of Donald Trump’s reciprocal tariffs looms, several Asian economies that enjoy substantial trade surpluses…
The headquarters of the World Trade Organization in Geneva on Feb. 5, 2024. Fabrice Coffrini | Afp | Getty Images Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday. “This is absolutely inconsistent with…
Employees package and sort express parcels at an e-commerce company on Nov. 1, 2024, around the Double 11 Shopping Festival in Lianyungang, Jiangsu Province of China. Vcg | Visual China Group | Getty Images President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade…
Shipping containers from China at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | Reuters President Donald Trump has long been a fan of tariffs, and in his first month back in the White House he wasted no time imposing…
U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | Reuters The former chair of the National Labor Relations Board in a new lawsuit Wednesday accused President Donald Trump of breaking the law when he fired…
QINGDAO, CHINA – NOVEMBER 8, 2023 – Container ships frequently enter and exit the Qianwan Container Terminal of Qingdao Port in Qingdao, Shandong Province, China, Nov 8, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images A trade war is brewing — and, if history is any guide, the U.S. economy…
The U.S. Postal Service said Wednesday it will resume accepting inbound mail and packages from China and Hong Kong, just hours after it suspended service from those regions. “The USPS and Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption…
EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. Jana Rodenbusch | Reuters European leaders are gathering Monday to discuss how to finance huge investments in defense — but the latest moves by U.S. President Donald Trump will loom large over the meeting. Over the weekend, Trump…
Canadian, Mexican and Chinese flags. Nurphoto | Nurphoto | Getty Images U.S. President Donald Trump on Saturday imposed long-threatened tariffs on imports from Canada, Mexico and China — and it didn’t take long for the countries to respond. Trump signed an order slapping 25% tariffs on goods from Mexico and Canada, and a 10% duty…