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It’s been a wild 48-hour news cycle if you follow economics at all, and wilder still if you’re a Nintendo fan. On Wednesday, we learned that the Nintendo Switch 2 would cost $450 in the United ...
In return, China said Thursday it would reduce imports of American movies, another bid to strike at U.S. services exports in an escalating trade war between the two countries. Goldman Sachs cut ...
I do not recollect much coverage of monopsonistic buyers. But then, if you are a large country and you are running a trillion-dollar trade deficit, it stands to reason that you are the monopsonistic ...
April 10 - U.S. Donald Trump ratcheted up a trade war with China even as he did an about turn on steep new reciprocal tariffs on most trading partners on Wednesday. Trump hiked the tariff on ...
The United States and China have sharply raised tariffs on each other’s imports over the last week, raising the prospect of a long and painful trade war ... to shed its large U.S. Treasury ...
At the same time, Trump said he would increase tariffs on Chinese goods up to 125%, further escalating the two countries' ongoing trade war. "At some point, hopefully in the near future ...
Canada, a major U.S. trading partner, was largely spared from these reciprocal tariffs thanks to the Canada-United States-Mexico Agreement (CUSMA) — a free trade agreement renegotiated and ...
As President Trump’s sweeping tariffs on global imports to the US took effect Wednesday, escalating the global trade war, he urged Americans to remain calm. “BE COOL! Everything is going to ...
Vespucci Maritime chief executive Lars Jensen wrote on LinkedIn: “If these numbers are anywhere near correct, this is an extremely large disruption to the trade flows we are seeing.” ...
April 9 (Reuters) - The World Trade Organization on Wednesday estimated the U.S.- China trade tensions could cut the trade of goods between two economies by as much as 80%. "This tit-for-tat ...
other non-trade related matters, all of those issues can get quite complicated quite quickly. Even with just a handful of trading partners, that would be a large undertaking." ...
Prospective homebuyers are poised to pay more for housing as builders feel the squeeze from President Donald Trump’s tariff-driven trade policy. Markets have been in turmoil over the last week after ...
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