Trump and India Call Off Their Trade War
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Colombian and Ecuadorian truckers and merchants are protesting at a border crossing against a trade war between their countries
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Why Nobel economist Paul Krugman thinks Trump's trade war will make Americans 'measurably poorer'
Economist Paul Krugman criticized Trump's trade tactics, highlighting risks of economic isolation as trade partners gravitate more toward the EU.
Europe accounted for 28% of all U.S. exports through October, the latest U.S. data showed. Asia accounted for 27%. USMCA partners Mexico and Canada accounted for 31%.
Gen. Michael Guetlein, the senior officer in charge of the US military’s planned Golden Dome missile defense shield, has laid out an audacious schedule for deploying a network of space-based sensors and interceptors by the end of President Donald Trump’s term in the White House.
It’s been a rollercoaster of a year for U.S. trade policy. Here’s a summary of how Trump’s biggest trade actions unfolded over the last year, broken down by key months. Worldwide, the U.S. also heightens import taxes on steel and aluminum to 25% ...
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Trade Wars Are Wars on Women
Amid U.S. President Donald Trump's imposition of tariffs on a range of imported goods this year, Chinese leader Xi Jinping and other officials in Beijing have insisted that there are no winners in trade wars. In absolute terms, they're right: Everyone is ...
President Trump clearly wants to run the economy hot going into midterms. The administration is trying to lower mortgage rates, is pushing the Fed to ease more quickly, and is deregulating the financial sector. And finally, the US remains fiscally expansive, with annual deficits approaching $2tn again.
What prevents the dollar from decreasing in value? Largely, China. The United States represents a vast consumer market — it is the single largest destination for exports from numerous countries. When the dollar declines, imports to the U.S. become ...