For Prime Minister Keir Starmer of Britain, the road to a first-in-the-world trade deal with the United States began on a late winter afternoon when he arrived in the Oval Office, bearing a letter for President Trump. It was from King Charles III, inviting Mr. Trump for a rare second state visit to Britain. It…
President Trump announced on Thursday that the United States intended to sign a trade deal with Britain that would bring the two nations closer and roll back some of the punishing tariffs he issued on that country’s products. Both sides consider a trade pact deeply beneficial, and a deal has been under discussion since Mr….
Several years before Donald J. Trump entered politics, Apple and its partners built massive factories across China to assemble iPhones. Mr. Trump first campaigned for president by promising his supporters that he would force Apple to make those products in America. Nearly a decade later, little has changed. Instead of bringing its manufacturing home, Apple…
After weeks of bluster and escalation, President Trump blinked. Then he blinked again. And again. He backed off his threat to fire the Federal Reserve chairman. His Treasury secretary, acutely aware that the S&P 500 was down 10 percent since Mr. Trump was inaugurated, signaled he was looking for an offramp to avoid an intensifying…
President Trump has signaled that he will announce further tariffs this week on semiconductors as he moves forward with a trade investigation related to national security. The move would raise the cost of importing chips, which are a vital component in electronics, cars, toys and other goods. The United States is heavily dependent on semiconductors…
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…
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…
For the two men at the forefront of a trade war that has begun to rupture ties between the world’s biggest economies, the question has become who will blink first. On one side is President Trump, who unleashed a disruptive plan to transform the modern global trading system with tariffs — only to back down…
When Prime Minister Benjamin Netanyahu of Israel visited the White House two months ago, President Trump sold him a brazen dream: The United States would take control of the Gaza Strip, move out the Palestinian population of about two million souls and turn the devastated seaside enclave into a glittering “riviera.” This week, as the…