It was a hectic Monday morning for Peter Mandelson, who was packing up his home before heading to Buckingham Palace for an audience with King Charles III, on the eve of becoming Britain’s ambassador to the United States. But the stress of leaving London may not compare to what awaits Mr. Mandelson when he lands…
Prime Minister Justin Trudeau of Canada went for a threat of immediate retaliation and a late-night emotional address that produced a cliffhanger compromise. President Claudia Sheinbaum of Mexico opted for carrots over sticks, and backroom talks that led to an early deal. In the end, when all was said and done on Monday, hours before…
China retaliated against tariffs from the United States on Tuesday with a series of measures that took aim at American companies. Along with imposing tariffs and import restrictions, the country said, it had launched an antitrust investigation into Google. The announcement of the investigation was vague — just one line on a Chinese agency’s website….
President Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring Beijing to crack down on fentanyl shipments into the United States. The Chinese government swiftly announced a series of retaliatory steps, including additional tariffs on coal,…
President Trump has long been clear that he would use tariffs as an economic sledgehammer against nations that refuse to bend to his demands. He has been far less clear about what, exactly, those demands are — a strategy that allows him to declare victory when he sees fit. Mr. Trump has said he wants…
President Trump’s decision to impose hefty tariffs on Canada, Mexico and China included a little-noticed but significant change to how online purchases will be taxed when they enter the United States. One provision of Mr. Trump’s executive order will increase costs for more than 80 percent of U.S. e-commerce imports. The decision could shift the…
Canada secured a 30-day postponement in the application of U.S. tariffs on its exports just hours before they were scheduled to go into effect after a call between Prime Minister Justin Trudeau of Canada and President Donald J. Trump late Monday afternoon yielded a border deal that seemed to satisfy both sides. Mr. Trudeau had…
The Trump administration’s move to impose tariffs on Mexico sent shock waves across the country of 130 million people on Sunday, with economic sector after sector bracing for the impact of these measures. So far, Mexico has yet to provide any specifics on how it plans to hit back. But President Claudia Sheinbaum’s negotiators must…
President Trump’s move this weekend to slap sweeping tariffs on Canada, Mexico and China is threatening to fracture the global trading system and a world economic order that once revolved around a U.S. economy that prized open investment and free markets. The speed and scope of the import duties that Mr. Trump unveiled in executive…
President Trump on Saturday signed executive orders imposing sweeping tariffs on the country’s three largest trading partners, a move that risks unleashing a damaging trade war. Trade wars were a feature of Mr. Trump’s first term in the White House, too. But his latest tariffs on Canada, Mexico and China, which are set to take…