President Trump’s unexpected plan to impose a 25 percent tariff on cars and car parts imported into the United States will not only disrupt supply chains. It will also fuel anger and alienation — and pressure to retaliate — among American allies across the globe. Many of the countries most affected by the new levies, … Read more
President Trump’s sweeping tariffs on automobiles drew a sharp reaction on Thursday from Germany, which called on the European Union to hit back with a “firm response” to measures that would “harm the U.S. and the E.U., and global trade as a whole.” Mr. Trump announced on Wednesday that he would impose a 25 percent … Read more
When the New York Liberty were courting Breanna Stewart during the free agency period before the 2023 season, Ms. Stewart had many conversations with Clara Wu Tsai, the owner of the team. They talked about the future of the W.N.B.A., and each shared her own ambitions. At the time, the Liberty were practicing in a … Read more
The wheels come off Global stocks have run into a ditch on Thursday. The sell-off comes as President Trump doubled down on his threat to roll out 25 percent tariffs on auto imports beginning next week — and duties on auto parts shortly afterward — potentially upending an industry built on a complex global supply … Read more
Shares in automakers around the world tumbled on Thursday after President Trump announced plans to impose a 25 percent tariff on imported cars and some parts beginning next week. Among the hardest hit were carmakers based in Germany, Japan and South Korea, which sell many of their cars in the United States and rely on … Read more
For at least a few days most weeks, Mei Kawajiri makes hotel calls to celebrities like Cardi B, Heidi Klum, Ariana Grande and Bad Bunny to whip up viral creations, often shared with her more than 343,000 Instagram followers. Her medium might be even more impressive: extravagant nail art — minutely detailed 3-D pastries, hand-drawn … Read more
Mexico deployed thousands of National Guard troops to the border to deter migrants from reaching the United States. South Korea said it would invest $21 billion in expanding U.S. manufacturing. Japanese officials descended on Washington, offering to invest $1 trillion in the United States and buy more American natural gas. None of that was enough … Read more
President Trump said in a middle-of-the-night social media post early Thursday that he would come after the European Union and Canada if they banded together to “do economic harm” to America, opening a new front in the unfolding trade war. “If the European Union works with Canada in order to do economic harm to the … Read more
President Trump on Wednesday raised the possibility that he could relax steep upcoming tariffs on China in exchange for the country’s support on a deal to sell TikTok to a new owner from the United States. Acknowledging that Beijing is “going to have to play a role” in any transaction, Mr. Trump signaled to reporters … Read more
Under President Trump, the Consumer Financial Protection Bureau has dropped nearly a dozen enforcement cases brought during the Biden administration, ending lawsuits against banks and lenders for a variety of financial practices that the watchdog agency no longer considers illegal. But on Wednesday, the bureau went a step further: It is seeking to give back … Read more