Tag - trade

 
 

TRADE

U.S. President Donald Trump attends a cabinet meeting at the White House in Washington on Thursday.
BUSINESS / Companies
Apr 11, 2025
Trump tariff pause leaves CEOs asking: What happens in 90 days?
Trump's tariff flip spurs a stock rally but sows deeper confusion for companies bracing for long-term trade fallout.
U.S. President Donald Trump looks on after signing an executive order in the Oval Office of the White House on Wednesday in Washington.
BUSINESS / Economy
Apr 10, 2025
Tokyo cheers Trump’s tariff U-turn with second-biggest market gain ever
The news of Trump’s 90-day pause on “reciprocal tariffs”was welcomed by Japan and its markets, with the 225-issue Nikkei stock average up more than 9% on Thursday.
U.S. President Donald Trump holds a bag as he visits the Louis Vuitton Rochambeau Ranch leather workshop in Keene, Texas, in 2019.
BUSINESS / Companies
Apr 10, 2025
LVMH finds making Louis Vuitton bags messy in Texas
Former staff say Louis Vuitton’s Texas plant wastes up to 40% of leather and encouraged defect coverups to hit targets.
Australian Deputy Prime Minister and Defense Minister Richard Marles speaks in Sheffield, U.K. in July 2024.
ASIA PACIFIC / Politics
Apr 10, 2025
Australia turns down China's offer to 'join hands' to fight U.S. tariffs
Australia has rejected China’s proposal for a trade alliance against U.S. tariffs, opting instead to diversify its economic ties.
Guests play the upcoming Nintendo Switch 2 console at an event in Paris on April 2.
BUSINESS / Tech
Apr 10, 2025
Nintendo gets breathing room on tariffs — just in time for Switch 2 launch
Nintendo dodges a 46% tariff on Vietnam-assembled consoles, buying time to flood the U.S. with Switch 2 units before the launch window closes.
One thing is clear: The era of global interdependence, built on efficiency and mutually beneficial arrangements before U.S. President Donald Trump returned to power, has come to an end.
COMMENTARY / World
Apr 10, 2025
Navigating the Trump storm
Trump's second term aims to reshape the global trade system, challenging the current world order with rising tariffs and economic uncertainty.
Canadian Prime Minister Mark Carney speaks during a campaign rally in Calgary, Alberta, Canada, on Tuesday.
WORLD / Politics
Apr 10, 2025
Canada’s Mark Carney treads a fine line on climate in a tight election
In a nation whose energy sector is still dominated by oil and gas, the question is how much the new prime minister may need to play down his green resume in order to win.
The White House says U.S. President Donald Trump "has a spine of steel and will not break.”
BUSINESS / Economy
Apr 10, 2025
Trump shock pushes U.S. and China toward decoupling cliff edge
Trump's 120% tariffs on Chinese goods and Beijing’s determination to fight back in kind mean a seismic cleavage is rapidly becoming a reality.
Shipping containers at a port in Nanjing, in eastern China's Jiangsu province, on Tuesday
BUSINESS / Economy
Apr 9, 2025
China raises tariffs on U.S. goods to 84% as trade war escalates
China’s move came hours after Trump's sweeping measures went into force, taking the cumulative rate announced this year to 104%.
U.S. President Donald Trump speaks as he attends the National Republican Congressional Committee dinner in Washington on Tuesday. Trump allowed new tariffs — including a 24% levy on Japan — to go into effect as scheduled on Wednesday.
BUSINESS / Markets
Apr 9, 2025
Trump's tariff gambit leaves Asia stunned and scrambling
Tariffs take time to actually affect prices and trade flows, but financial markets are already responding to the possibility of severe economic dislocation.
Economic revitalization minister Ryosei Akazawa, who Prime Minister Shigeru Ishiba has appointed Japan's tariff negotiator, is one of his closest allies and busiest ministers.
JAPAN / Politics / FOCUS
Apr 9, 2025
Who is Ryosei Akazawa, Japan's tariffs negotiator?
The man tasked with convincing the U.S. drop its tariffs on Japanese goods is one of the prime minister's closest allies and busiest ministers.
A man walks past an electronic board showing the numbers of the Nikkei stock average on the Tokyo Stock Exchange in the Japanese capital on Wednesday.
BUSINESS / Markets
Apr 9, 2025
Japan's Nikkei down nearly 4% at close
The Nikkei 255 index of shares ended the day down 3.93% at 31,714.03. The yen came off earlier highs to trade at ¥145.27 per dollar, up 0.7%.
Shipping containers on the outskirts of Houston on Tuesday. China has vowed to "fight to the end" after Donald Trump further ramped up tariffs.
BUSINESS / Markets
Apr 9, 2025
Trump tariffs take effect, hiking trade levies to a 100-year high
The latest tariffs push levies imposed on China this year to as high as 104%, along with import taxes on roughly 60 trading partners that run trade surpluses with the U.S.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House on April 2.
COMMENTARY / World
Apr 9, 2025
A conversation of the deaf after Trump’s tariffs
Trump likes win-win scenarios, but his version is different from those of his trade partners.
With Trump's tariffs, countries with lower labor costs like China will continue to outcompete the United States and gain stronger footholds in global markets.
COMMENTARY / World
Apr 9, 2025
Trump’s tariffs will accelerate America’s economic decline
Trump’s critics rightly point out that the tariff will raise U.S. car prices, but that is just one of its many drawbacks.
U.S. Secretary of Defense Pete Hegseth (left) talks with Panama Canal Authority Administrator Ricaurte Vasquez during a tour of the Miraflores locks, in Panama City, Panama, on Tuesday.
WORLD / Politics
Apr 9, 2025
U.S. will not let China disrupt Panama Canal: Pentagon chief
U.S. Defense Secretary Pete Hegseth said the U.S. and Panama together would "take back the Panama Canal from China's influence" and keep it open to all nations.
A woman looks at cranes and shipping containers from an observation platform at Pyeongtaek port in Pyeongtaek, South Korea, on April 2.
BUSINESS / Markets
Apr 9, 2025
Trump optimistic after call about tariffs with South Korea
South Korea's trade minister is traveling to Washington to meet U.S. Trade Representative Jamieson Greer for tariff negotiations.
Traders work on the floor of the American Stock Exchange (AMEX) area of the New York Stock Exchange (NYSE) on Friday.
BUSINESS / Markets
Apr 9, 2025
Market calm is shattered as abrupt selloffs roil Wall Street
As recession fears build, markets have continued to flash warning signs.
Economic revitalization minister Ryosei Akazawa enters the Prime Minister's Office in Tokyo on Tuesday.
BUSINESS / Economy
Apr 8, 2025
Japan and U.S. appoint tariff negotiators after Ishiba-Trump phone call
Ryosei Akazawa, minister in charge of economic and fiscal policy, will spearhead talks with the U.S.
A screen displays rising share prices outside a securities firm in Tokyo on Tuesday.
BUSINESS / Markets
Apr 8, 2025
Japan stocks rebound on hopes of Trump tariff deal and weaker yen
Major shares on the Tokyo Stock Exchange ended Tuesday's session at 33,012.58, up 1,876 points, or 6.02%, from Monday, when it suffered its third-biggest daily point loss.

Longform

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