Trump turned the tide in his trade war
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The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.
As companies all over the U.S. seek ways to cope with Trump's trade war, D'Addario & Co. executives are setting up a free trade zone and rerouting shipments to avoid tariffs.
The nation’s busiest port in LA has seen a bump in containers as importers try to stay ahead of tariffs, but at small ports, Trump trade policy is hitting hard.
Group of 20 finance ministers and central bank chiefs committed themselves to international policy cooperation in a communique they will adopt on Friday, according to people familiar with the deliberation.
Oil prices declined on Tuesday amid concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity. Brent crude futures were down 28 cents,
6don MSN
American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.
Italian Finance Minister Giancarlo Giorgetti said he’s concerned about potential damage to European economies from trade tensions and the weakening of the US dollar.
China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.
WASHINGTON (AP) — President Donald Trump on Tuesday said a trip to China might be “not too distant,” raising prospects that the leaders of the world’s two largest economies may meet soon to help reset relations after moving to climb down from a trade war.
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