Dear Tripped Up, Last Sept. 26, I booked a ski trip for my family at a Sheraton Vacation Club property in Steamboat Springs, Colo., for December — or so I thought. As soon as I saw the confirmation email, I realized I had actually booked a reservation for that very night, Sept. 26. I assume … Read more
After being smacked with double-digit percentage tariffs by a key ally, Japan finds itself with few retaliatory options. Since President Trump began threatening broad tariffs in January, Japan has pursued a conciliatory strategy, with Prime Minister Shigeru Ishiba pledging in February to boost U.S. investment to $1 trillion. Up until the day before Mr. Trump’s … Read more
Tariffs on imported vehicles took effect Wednesday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousands of dollars. The 25 percent duty applies to all cars assembled outside the United States. Starting May 3, the tariff will also … Read more
With the new tariffs announced on Wednesday in Washington, President Trump has now imposed additional tariffs on Chinese goods of 54 percent — an extremely heavy burden that will cause companies to look elsewhere for suppliers. Mr. Trump added a 34 percent tariff on imports from China, to take effect on April 9, on top … Read more
As he unfurled his list of tariffs targeting most of America’s trading partners, President Trump repeatedly stressed that each nation’s rate was reciprocal — reflecting the barriers they had long erected to U.S. goods. He said little about the methodology behind those calculations, but a possible answer emerged later on Wednesday. Each country’s new tariff … Read more
President Trump’s announcement of sweeping universal and so-called reciprocal tariffs on countries around the world drew a swift rebuke on Wednesday from business groups, trade experts, Democratic lawmakers and many economists who warned that they would raise prices for American consumers and slow economic growth. “This is catastrophic for American families,” said Matt Priest, president … Read more
This is one of the most important days, in my opinion, in American history. It’s our declaration of economic independence. Jobs and factories will come roaring back into our country. China — first row, China 67 percent, that’s tariffs charged to the U.S.A., including currency manipulation and trade barriers. So 67 percent, so we’re going … Read more
President Trump unveiled sweeping tariffs on Wednesday afternoon, announcing a minimum 10 percent tariff on all trading partners as well as so-called reciprocal actions on dozens of other countries, including some of America’s biggest trading partners. In announcing the new tariffs, his most expansive to date, Mr. Trump said that the global tariffs would help … Read more
Wall Street shuddered as President Trump announced sweeping tariffs on countries across the globe on Wednesday, with the administration unveiling higher taxes on imports than investors had expected, weighing on markets around the world. Futures on the S&P 500, which allow investors to trade the index outside normal trading hours, slumped 1.6 percent, while global … Read more
Richard Bernstein, a former correspondent and critic for The New York Times whose deep knowledge of Asia and Europe illuminated reporting from Tiananmen Square to the Bastille, and who wrote things as he saw them in 10 books driven by unflinching intellectual curiosity, died on Monday in Manhattan. He was 80. His death, in a … Read more