The Unexpected Winners From Trump’s New Global Tariff
The president’s flat 10 percent tariff is most beneficial to nations that previously faced the highest rates. But it’s not clear how much that will prompt a new surge in imports.
Factories and Manufacturing
With a New Nigeria Refinery, Africa’s Richest Man Wants ‘to Rescue the Country’
Aliko Dangote, Africa’s richest man, has an ambitious vision for the continent’s most populous nation, but hurdles stand in his way.
The Looming Taiwan Chip Disaster That Silicon Valley Has Long Ignored
If China invades Taiwan and cuts off its chip exports to American companies, the tech industry and the U.S. economy would be crippled.
Canada Gives U.S. Arms Makers the Cold Shoulder on Military Spending
Canada plans to unveil a new strategy that will shift its current reliance on American companies to Canadian military suppliers.
Sad Horse Toy Goes Viral in China
A frowny-faced horse plushie, the result of a factory mistake, has become the internet’s unofficial mascot for the Lunar New Year. Fans say it resonates with overworked office employees.
Vietnam’s Leader Consolidates Power, Pledging ‘New Era of Prosperity’
To Lam, the head of Vietnam’s Communist Party, will also become president of the nation. His new stature comes with new risks.
China Announces Record Trade Surplus as Its Exports Flood World Markets
China’s surplus reached $1.19 trillion last year, a 20 percent increase from 2024, as Beijing kept the currency weak and pursued self-reliance to replace imports.
Nigeria Closes Lead Recycling Factories Linked to U.S. Car Industry
Carmakers have known for decades that battery recycling was poisoning people abroad. Nigeria’s crackdown is an effort to catalog the damage.
Ford’s Car of the Future, Hatched in a Skunk Works Near Los Angeles
Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too late?
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.