International Trade and World Market
- Trump’s Tariffs Shrank the U.S. Trade Deficit in September - U.S. imports and exports ticked up from lows the previous month when the president’s global tariffs went into effect, while the trade deficit continued to fall.
- Mexico Approves 50% Tariffs on Many Chinese Imports - The tariffs will apply to goods from China and other nations. Washington has been pressuring Mexico to move away from dealing with China.
- Trump’s Nvidia Chip Deal Reverses Decades of Technology Restrictions - President Trump’s decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests.
- Trump Insists Tariffs Will Buoy the Economy and Ease Cost Concerns - The president rolled out a $12 billion bailout for farmers as he makes the case that his policy is working — or will soon.
- Trump Plans $12 Billion Bailout to Aid Farmers Hit by Tariffs - The federal aid comes after China boycotted American farm products in retaliation for U.S. tariffs.
- China’s Weak Currency Is Powering Its Exports and Drawing Criticism - China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
- China’s Trade Surplus Climbs Past $1 Trillion for First Time - President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.
- Bessent Divested From Soybean Farms After Ethics Office Warning - The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.
- Have Trump’s Tariffs Gone as High as They Can Go? Business Hope So - A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
- To Avoid Pharma Tariffs, U.K. Agrees to Trump’s Demand to Pay More for Drugs - President Trump has complained that wealthy countries like Britain pay too little for drugs, leading America to bear much of the burden of the costs of medicines.