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U.S. President Donald Trump has temporarily excluded six countries, including Canada and Mexico, and European Union states from higher U.S. import duties on steel and aluminum meant to come into effect on Friday.
Read the full transcript of Bloomberg's interview with Saudi deputy crown prince Mohammed bin Salman.
The move, against mainly agricultural products, will escalate tensions between the two trading nations.
Pro-Iranian rebels fired seven missiles into Saudi Arabia this weekend. The missiles were intercepted, however, at least one death from debris was reported on t
Canada and the United Kingdom expressed concerns about President Trump's decision to announce next week that he will slap 25 percent tariffs on steel and 10 percent tariffs on aluminum imports.
Following weeks of not-so-free trade policies from the White House, members of Congress will soon have an opportunity to probe the administration on policy as well as the processes for imposing unilateral tariffs.
A trade war is when a nation imposes tariffs on imports and foreign countries retaliate. Over time, trade wars reduce international trade.
Summers said the Trump steel tariffs are positioned to hurt more workers within the U.S. than they could help.
President Trump was not bluffing when he ordered $60 billion in tariffs on China, in an apparent attempt to balance trade between nations, and he fully intends to impose the extra charge on the imports, Treasury Secretary Steve Mnuchin said Sunday.
President Trump wants quick action and big results with tariffs. China is aiming for restrained, targeted movements — an attempt to ward off a full-on conflict, but also show it won’t cede ground.
Prime Minister Shinzo Abe’s wooing of President Trump seemed to get Japan little as the United States announced actions on trade.
By alienating allies, the United States could undermine the potential for collective action among countries nursing shared grievances with China.
Broad market ETFs haven't reacted favorably to Trump's proposed tariffs, but ETFs focused on steel and aluminum producers have.
Cascading protectionism and trading blocs — minus the United States — are among the worries.
Surprise decision could speed transition to greener forms of energy
Raw materials are ground zero for tariffs. Aluminum and steel are a starting point. The demand side of the commodities market comes next. A bargaining tool. The
Appliance giant Electrolux delayed a planned $250 million Tennessee investment on fears that Trump tariffs will hike U.S. steel and aluminum prices.
The Trump administration’s protectionist policies are prompting governments from Chile to Canada to forge closer ties with one another, and to seek more trade with China and Europe.
President Donald Trump is set to announce steep tariffs on steel and aluminum imports Thursday, people familiar with the matter said.
President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighboring Canada.