The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of freer trade.
Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.
President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.
President Trump announced sweeping levies on countries across the world. The tariffs create a dilemma for longstanding friends — and an opportunity for foes.
