Category: Tariffs and Trade

Tariffs were sold to voters as a way to punish foreign competitors, but the bill is increasingly landing in American shopping carts and factory budgets. The first wave of price increases has been painful enough, yet the structure of President Trump’s trade war means a second, more entrenched round of inflation is still building in…

Volvo’s worst trading day on record has turned a simmering tariff dispute into a full-blown corporate crisis. The Swedish carmaker’s stock collapsed by roughly a quarter after fresh U.S. import duties and a sharp profit slump exposed how vulnerable its American business has become. The selloff wiped out billions in market value in a single…

President Trump is selling his tariff shock therapy as nothing less than an economic resurrection, arguing that aggressive duties on imports turned a “dead” America into the world’s hottest investment story. He is pairing that narrative with a pitch to both Wall Street and everyday savers, urging them to “bet big” on the United States…

President Donald Trump has moved to sharply reduce tariffs on Indian goods, tying the cut to his claim that Prime Minister Narendra Modi has privately promised to halt purchases of Russian oil. The decision folds a long-running trade dispute into the geopolitics of the war in Ukraine, with Trump arguing that cheaper imports and a…

The Biden administration’s 100% tariff on Chinese electric vehicles is supposed to shield Detroit and its union jobs from a wave of low cost imports. Yet the most telling verdict on that strategy may have come not from a politician, but from a Wall Street Journal columnist who spent two weeks with a Xiaomi sedan…

President Donald Trump is betting that a massive cache of critical minerals can become the backbone of a more resilient American industrial base. With a new $12 billion initiative branded “Project Vault,” the administration is moving to stockpile rare earths and other strategic materials that underpin everything from electric vehicles to fighter jets, while trying…

President Donald Trump has turned tariffs into a personal brand, casting himself as the only leader clever enough to wield trade barriers as a political and economic weapon. In his latest outbursts, he has framed duties on foreign goods not as a last-resort tool of economic policy but as proof of his singular toughness and…

President Donald Trump’s latest tariff moves are starting to ripple through store shelves, and the federal government’s tariff haul has reportedly plunged by about $3 billion as a result. With Tariff Revenue falling from earlier peaks and new refund promises tied to those duties, several everyday products are poised to get cheaper even as households…

Donald Trump has turned tariffs into a signature economic weapon, promising that foreign governments will foot the bill. Nobel laureate Paul Krugman is warning that the real tab will land in American mailboxes, paychecks, and grocery carts, leaving the country poorer even if headline growth holds up. His argument is not abstract theory but a…

President Miguel Díaz-Canel has framed Donald Trump’s new oil tariff threat as an attempt to “suffocate” Cuba’s economy, casting the move as a direct assault on the island’s sovereignty rather than a narrow sanctions tweak. At stake is not only the survival of Cuba’s already fragile energy system but also a wider test of how…