The United States and China are waging a trade war. Relative to the indiscriminate trade battles President Trump has pitched against the rest of the world, a conflict with China might seem small or even justified. China, after all, is an adversary. It has taken American jobs and threatened to topple democracy in Taiwan. But…
The British government ramped up actions to help protect businesses and households from some of the economic tumult created by President Trump’s decision to raise tariffs and upend the norms of global trade. The government said on Sunday it would suspend tariffs on 89 products for about two years to help businesses and consumers save…
President Xi Jinping of China kicked off a weeklong tour of Southeast Asia Monday, landing in Hanoi and trying to rally other nations to Beijing’s side as American tariffs threaten manufacturing networks and economic growth. In an essay published Monday in Vietnamese state media just before his arrival, Mr. Xi called on other countries to…
President Trump’s rapidly escalating trade war with China has resulted in eye-watering tariffs on products exchanged between the countries and scrambled prospects for many global businesses that depend on the trade. And there is no end in sight. The Trump administration has been waiting for the Chinese leader, Xi Jinping, to call Mr. Trump personally,…
The Trump administration signaled on Sunday that it would pursue new tariffs on the powerful computer chips inside smartphones and other technologies, just two days after it excluded a variety of electronics from the steep import taxes recently applied on goods arriving from China. The push came as President Trump’s top economic advisers scrambled to…
With Easter approaching, it seemed appropriate for “Saturday Night Live” to resurrect a favorite bit: a scene from the Bible that is interrupted by a comic monologue from James Austin Johnson playing President Trump. This weekend’s broadcast, hosted by Jon Hamm and featuring the musical guest Lizzo, began with what looked like a straightforward re-enactment…
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by…
Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years after the Brexit referendum, it is still reckoning with the costs. The lessons of that…
As China faces off with the United States over a punishing trade war, it is under pressure to shore up its friendships around the world, starting with its neighbors in Southeast Asia. But its relations there are complicated. China’s leader, Xi Jinping, will be testing these ties this week as he visits Vietnam, Malaysia and…
After more than a week of ratcheting up tariffs on products imported from China, the Trump administration issued a rule late Friday that spared smartphones, computers, semiconductors and other electronics from some of the fees, in a significant break for tech companies like Apple and Dell and the prices of iPhones and other consumer electronics….