During the Biden administration, Donald J. Trump would sit in his mirrored and gold-trimmed salon at Mar-a-Lago where he had once hosted China’s leader, Xi Jinping, brooding to visitors about the outcome of the trade agreement he signed with China in 2020. Mr. Trump would castigate “stupid people” in the White House for failing to…
President Trump’s readiness to use coercive tariffs presents a profound threat to the postwar economic and political order, introducing an unpredictability to global commerce that makes it difficult for trade partners to know how to react — and next to impossible for businesses to plan. But he is not the only danger the world economy…
President Trump reportedly wants to visit China within his first 100 days in office. While the White House has not yet announced any details, planning for the trip may already be underway. The Chinese leadership under President Xi Jinping is unlikely to agree to a date until it is confident of a positive outcome, and…
Another week, and another round of tariff threats and annexation suggestions from President Trump. It began with the announcement of a policy imposing 25 percent tariffs on all steel and aluminum imports. In Canada’s case, those tariffs would be stacked on top of the previously introduced 25 percent tariffs on most Canadian exports, which are…
Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks have managed to sell off most of the $12.5 billion worth of debt owed by X, his social network, to eager buyers. Investors are essentially betting that the company’s future is…
President Trump is pursuing a far more aggressive trade policy than he embraced in his first term, allowing his unfettered instincts about how to put America at the forefront to guide him with little pretense of investigations or extended deliberations. Since taking office, Mr. Trump has threatened tariffs on goods from potentially every global trading…
Hours after President Trump paved the way for upending the United States’ trade relationship with India with broad “reciprocal” tariffs, he and Prime Minister Narendra Modi presented a united front during a news conference on Thursday at the White House. Mr. Modi became the latest head of state to seek to placate an increasingly power-flexing…
President Trump signed a memorandum on Thursday ordering his advisers to calculate new tariff levels for other countries globally, an ambitious task that will shatter the rules of the global trading system and likely set off furious negotiations in the coming months. The president directed his advisers to come up with new tariff levels that…
The economic relationship between India and the United States is widely seen as good for both sides. Two-way trade is growing and, alone among Asian countries, India routinely trades more with the United States than it does with China, its neighbor and rival. Yet under President Trump, trade is a point of friction. Like virtually…
As he prepared to go to Washington this week, India’s prime minister, Narendra Modi, spoke of building on the warm relations he shared with President Trump during his first term in the White House. But Mr. Trump can be a fickle friend. So when Mr. Modi meets with him on Thursday, he is expected to…