Trump Accuses China of Violating Trade Agreement
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
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President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
A court ruling invalidating President Trump’s sweeping tariffs was halted hours later, throwing into question the administration’s overall approach to trade.
Trump administration officials are getting a second chance to try to sever ties with China by starting a trade war, imposing export controls and revoking student visas.
The administration had made immediate appeals to allow the U.S. to keep imposing stiff levies, and said the Supreme Court needed to intervene.
President Trump’s threat to impose big charges — including 50 percent on the European Union — was in question after judges blocked his across-the-board levies.
President Trump’s steep global tariffs have supercharged efforts to evade them. Some U.S. companies say the government is ill equipped to keep up.
Officials from the European Union and the United States will start a new negotiating push, after President Trump delayed until July 9 tariffs of 50 percent.
We spoke with Tiff Macklem, the governor of the Bank of Canada, after a meeting of top economic policymakers in Alberta.
The Trump administration sees tariff talks as a chance to pressure a rival into concessions. E.U. officials have acted as though they were dealing with an ally.
The president threatened both Apple and the European Union with higher tariffs on Friday, saying trade talks with the Europeans had stalled.