Trade
Trump picks Peter Navarro as top trade advisor
Peter Navarro, former Director of the U.S. Office of Trade & Manufacturing, gestures as he speaks on Day 3 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 17, 2024. Mike Segar | Reuters President-elect Donald Trump announced Wednesday that Peter Navarro will serve as “Senior Counselor for Trade […]
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Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine U.S. dollar
Officials, including Chinese President Xi Jinping, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, attend the BRICS summit in Kazan, Russia October 23, 2024. Alexei Danichev | Reuters President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was […]
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Canada Prime Minister Trudeau visits Florida to meet with Trump amid tariff threat
Canada’s Prime Minister Justin Trudeau takes part in a press conference about the Royal Mounted Police’s investigation into “violent criminal activity in Canada with connections to India”, on Parliament Hill in Ottawa, Ontario, Canada October 14, 2024. Blair Gable | Reuters Canadian Prime Minister Justin Trudeau visited Donald Trump’s Florida resort on Friday to meet […]
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China plans to restrict exports of a critical metal. But the market isn’t that worried
Key Points China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening. Tungsten is an extremely hard metal used in weapons and semiconductors. The U.S. has not commercially mined tungsten since 2015, according to official records. But this year, one of the world’s […]
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Shipping giant Maersk unveils latest ‘dual-fuel methanol vessel’ in decarbonization shift
The container ship Gunde Maersk docked at the Port of Oakland on June 24, 2024, in Oakland, California. Justin Sullivan | Getty Images SINGAPORE — Denmark-based shipping and logistics giant Maersk unveiled its latest dual-fuel methanol vessel in the Southeast Asian country on Thursday as the industry ramps up decarbonization efforts. The newly named A.P. […]
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‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success
Skoda Kodiaq automobiles on the production line at the Volkswagen AG plant in Bratislava, Slovakia, on Friday, Dec. 1, 2023. Bloomberg | Bloomberg | Getty Images A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump’s “America First” economic agenda. Nicknamed the “Detroit of Europe” due to […]
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Constellation Brands’ stock falls as Trump tariff plan threatens to make Modelo and Corona more expensive
Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images Shares of Constellation Brands fell 4% in morning trading after President-elect Donald Trump announced plans to place a 25% tariff on Mexican imports once he’s inaugurated. Constellation imports all […]
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Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
A view of the exterior of the China International Exhibition Center (Shunyi Hall), venue for the second China International Supply Chain Expo (CISCE), on November 26, 2024 in Beijing, China. Vcg | Visual China Group | Getty Images American business leaders are in China this week for meetings with officials and a high-profile supply chain […]
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EU challenges Chinese brandy tariffs at WTO
HAIKOU, CHINA – DECEMBER 17: People purchase brandies during the 26th China (Hainan) International Winter Trade Fair for Tropical Agricultural Products at Hainan International Convention And Exhibition Center on December 17, 2023 in Haikou, Hainan Province of China. Meng Zhongde | Visual China Group | Getty Images The EU Commission said on Monday it had […]
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Germany’s Merkel laments influence of big business on Trump
German Chancellor Angela Merkel, on February 14, 2020 in Berlin, Germany. Felix Zahn | Photothek via Getty Images Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a “huge concern”. In an interview with the news magazine Der Spiegel published on Friday ahead […]
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