Trade News and Blog Posts

Donald Trump’s approach to tariffs and international trade may yet have the same impact. Last week, we discussed the likely economic effect of Trump’s approach. Now let’s consider the potential political consequences.

President Donald Trump announced on Wednesday via Truth Social a 90-day pause on tariffs for countries that have reached out to address trade deficits, and a 125% tariff on China. The pause comes a week after “Liberation Day,” the day in which the tariffs were first introduced.

By imposing the largest tax increases on international imports in more than a century, and by the sheer unpredictability and haphazardness of the decision-making process, Trump has undermined consumer, business, and investor confidence to cause one of the most significant stock market corrections in history—caused not by war, natural disaster, or pandemic, but by the capriciousness of a single political leader.

On April 2, President Donald Trump introduced two new forms of tariffs aimed at equalizing trade deficits between the US and its trade competitors. The first tariff introduced is a universal 10% import tax on all imported goods in the US. The second, deemed the "reciprocal tax”, will charge 60 nations 50% of what they charge for US products in tariffs and non-tariff barriers.

President Donald Trump enacted 25% tariffs on Canada and Mexico on Tuesday, and 35% tariffs on China. The countries responded by placing equal tariffs of their own, with China blacklisting 20 US companies. Earlier today, Trump announced he would delay tariffs on Mexico for USMCA compliant goods. On Monday, the Dow fell by nearly 650 points as the market prepared for the tariffs.

Germany is the largest economy in Europe by GDP. Its diplomatic ties with the United States play a significant role in ensuring political stability in Europe and fostering economic development between the two nations.

Biden's hoping that abortion, Putin, and Trump will be enough to convince swing voters to overlook how much they are paying to fill their gas tanks.

The war in Ukraine risks creating global food shortages, inflating prices even higher, and putting farmers at a severe disadvantage in combating climate change.

For the first few weeks of the war, rooting for Ukraine was painless for most Americans. But it’s about to get a lot more difficult.

The bill banning most imports from the Xinjiang region of China addresses a critical matter of international policy on which Biden should deploy as much political capital as he can muster.