President Trump’s unexpected plan to impose a 25 percent tariff on cars and car parts being imported into the United States will not only disrupt supply chains. It will also fuel anger, alienation — and pressure to retaliate — among American allies across the globe. Many of the countries most affected by the new levies,…
When China’s top diplomat, Wang Yi, met with his Japanese and South Korean counterparts in Tokyo last weekend, he said China saw “great potential” for trade and stability if the three neighbors worked together. Citing what he called their shared “Oriental wisdom,” he quoted a proverb, seemingly alluding to the United States as an unreliable,…
Tesla could be a winner from the auto tariffs announced by President Trump on Wednesday — or at least suffer less than its competitors. Tesla, whose chief executive, Elon Musk, has taken a leading role in the Trump administration, makes all the cars that it sells in the United States in California and Texas. That…
Russia and Ukraine have agreed to cease fighting in the Black Sea in a U.S.-brokered deal, but it remains unclear whether the agreement can come into force soon — if at all. Russia had a major caveat: it would abide by the deal only after various restrictions were removed from its agricultural exports. The penalties…
There is a lot of talk in Beijing this week over when President Trump and President Xi Jinping of China will meet face to face. Some Chinese experts say the two leaders need to wait a few months until Trump decides exactly what tariffs he is going to impose on China — and what China…
Ahead of President Trump’s next big trade move, his administration invited companies to weigh in on the economic barriers they faced abroad. The list of complaints was both sprawling and specific. In hundreds of letters submitted to the administration in recent weeks, producers of uranium, shrimp, T-shirts and steel highlighted the unfair trade treatment they…
Bo Albertus, a school principal in Denmark, finds the Spanish raisins he now snacks on less tasty than his favorite Sun-Maid ones from California. There is no perfect substitute for Heinz tomato soup, a staple in his pantry. And he misses Pepsi Max. But as long as President Trump pursues policies that Mr. Albertus, 57,…
Snow plows rumbled and salt trucks spewed de-icing pellets onto Toronto’s streets, barely visible under two feet of snow. A stocky man brandished a comically small red shovel as he helped dig out a car trapped at an intersection. The helping hand was provided by Doug Ford, the premier of Ontario, Canada’s most populous province…
Elon Musk has said that “Canada is not a real country,” just one of his social media jabs at the U.S. neighbor. But people in Canada have done real damage to the vehicles and dealerships belonging to his electric car company, Tesla, according to the police. More than 80 Teslas had their tires punctured and…
European Union officials are delaying their retaliation against President Trump’s steel and aluminum tariffs — including 50 percent levies on American whiskey — until mid-April, aiming to refine the list of products that will be hit while also allowing more time to strike a deal with the United States. The European Commission has decided that…