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It was a hectic Monday morning for Peter Mandelson, who was packing up his home before heading to Buckingham Palace for an audience with King Charles III, on the eve of becoming Britain’s ambassador to the United States. But the stress of leaving London may not compare to what awaits Mr. Mandelson when he lands…
Prime Minister Justin Trudeau of Canada went for a threat of immediate retaliation and a late-night emotional address that produced a cliffhanger compromise. President Claudia Sheinbaum of Mexico opted for carrots over sticks, and backroom talks that led to an early deal. In the end, when all was said and done on Monday, hours before…
There’s a new parlor game on Wall Street: guessing TikTok’s next owner. President Trump signed an executive order in January that delayed enforcement of a law that banned the popular video app. Under the order, the app must now be sold to a non-Chinese owner by early April. Since he signed the order, Mr. Trump…
Beijing responded swiftly on Tuesday to the tariffs President Trump had promised, announcing a fusillade of countermeasures targeting American companies and imports of critical products. Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring Beijing…
The Trump administration’s move to impose tariffs on Mexico sent shock waves across the country of 130 million people on Sunday, with economic sector after sector bracing for the impact of these measures. So far, Mexico has yet to provide any specifics on how it plans to hit back. But President Claudia Sheinbaum’s negotiators must…
In May, the 10-country Association of Southeast Asian Nations, known as ASEAN, will meet the six Middle Eastern nations that make up the Gulf Cooperation Council. The summit’s host, Malaysia, has invited China to attend. China is also poised to update its own free-trade agreement with ASEAN, which includes Cambodia, the Philippines, Indonesia and Vietnam….
President Trump’s decision to impose hefty tariffs on Canada, Mexico and China included a little-noticed but significant change to how online purchases will be taxed when they enter the United States. One provision of Mr. Trump’s executive order will increase costs for more than 80 percent of U.S. e-commerce imports. The decision could shift the…
At a newly built dock along Germany’s Elbe River, tankers from the United States unload liquefied natural gas to fuel factories and homes. In central Spain, a forest of wind turbines planted atop mountains helps power the energy grid. In French government buildings, thermostats have been lowered in winter to save electricity. In the three…
Markets around the world braced for volatile trading on Monday as investors began to assess the potential fallout from President Trump’s announcement of tariffs on Mexico, Canada and China. On Monday, markets in Japan and South Korea were more than 2 percent lower. The Taiwan Stock Exchange weighted index slumped around 4 percent. Overnight trading…
The United States and its biggest trading partners were hurtling on Sunday into a new era of protectionism as Canada, Mexico and China said they would adopt countermeasures against new tariffs levied by President Trump. From honey to tomatoes, and from clothes to toilet bowls, a wide range of American goods that cross the border…
