During President Trump’s first U.S.-Chinese trade war in 2018, American companies flocked to Vietnam to sidestep escalating tariffs, and the country became increasingly critical to their bottom lines. But in Mr. Trump’s escalating trade fight across the globe, Vietnam has become a new target. Tensions were so high that there were doubts about whether American…
Peter Navarro, a senior White House trade adviser, on Monday defended the sweeping tariffs President Trump has imposed on foreign nations and indicated that other countries’ offers to drop their own tariffs on American products would be insufficient to convince the president to retreat. Mr. Navarro, who has been the architect of many of President…
Tensions have surfaced in the White House as Elon Musk openly criticized Peter Navarro, Donald Trump’s chief trade adviser, over the president’s sweeping tariffs. Navarro responded sharply, highlighting the growing divide over the administration’s trade policies. The Tesla and SpaceX CEO’s remarks came after a video of Navarro discussing tariffs on CNN surfaced on Musk’s…
President Trump has said that his aim in imposing tariffs is to force companies to move production back to the United States. If manufacturers make their goods in America, he argues, they won’t have to pay the tariffs. But the latest revenue projections proffered by his administration call into question what Mr. Trump wants to…
Who’s in the room President Trump’s tariff policy has given corporate chiefs and investors a serious case of whiplash. While the markets cheered on Wednesday’s delay on auto sector levies, setting off an impressive late-day rally, the move also adds to the confusion about what comes next. The latest: There’s increasing buzz that agricultural products…
“A little disturbance” For months, the debate gripping board rooms, Wall Street and world capitals was whether to take President Trump at his word on tariffs. For a while, the markets rallied as if he were just bluffing. He wasn’t. In an address before Congress last night, Trump said that tariffs would protect American jobs…
President Trump on Saturday initiated an investigation into whether imports of lumber threaten America’s national security, a step that is likely to further inflame relations with Canada, the largest exporter of wood to the United States. The president directed his commerce secretary, Howard Lutnick, to carry out the investigation. The results of the inquiry could…
President Trump’s move this weekend to slap sweeping tariffs on Canada, Mexico and China is threatening to fracture the global trading system and a world economic order that once revolved around a U.S. economy that prized open investment and free markets. The speed and scope of the import duties that Mr. Trump unveiled in executive…
When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of…
MELBOURNE, Australia — A seriously cold December afternoon in midtown Manhattan, in the lobby of a hotel off Central Park. A 23-year-old woman looks up from a club chair near an elevator. She’s wearing a baseball cap, diddling around a bit on her phone. “Hey,” she says. Take another look. Oh, right, that’s Emma Navarro:…