Trump Tariffs Hit Antarctic Islands Inhabited by Zero Humans and Many Penguins
(wired.com)
On Wednesday, President Donald Trump announced the US was imposing reciprocal tariffs on a small collection of Antarctic islands that are not inhabited by humans, as part of a global trade war aimed at asserting US dominance.
On Wednesday, President Donald Trump announced the US was imposing reciprocal tariffs on a small collection of Antarctic islands that are not inhabited by humans, as part of a global trade war aimed at asserting US dominance.
Trump announces sweeping new tariffs to promote US manufacturing
(apnews.com)
President Donald Trump is set to sign a barrage of self-described “reciprocal” tariffs on friend and foe alike.
President Donald Trump is set to sign a barrage of self-described “reciprocal” tariffs on friend and foe alike.
Trump Unveils Sweeping Retaliatory Tariffs at White House
(nytimes.com)
President Trump unveiled his most expansive tariffs to date in a ceremony at the White House on Wednesday afternoon, saying he would impose a 10 percent tariff on all trading partners as well as double-digits tariffs on dozens of other countries that administration officials said had treated the United States unfairly.
President Trump unveiled his most expansive tariffs to date in a ceremony at the White House on Wednesday afternoon, saying he would impose a 10 percent tariff on all trading partners as well as double-digits tariffs on dozens of other countries that administration officials said had treated the United States unfairly.
US Administration announces 34% tariffs on China – 20% on EU
(bbc.com)
US President Donald Trump announces a universal "baseline" 10% tariff on imports into the US, on what he has dubbed "Liberation Day"
US President Donald Trump announces a universal "baseline" 10% tariff on imports into the US, on what he has dubbed "Liberation Day"
A small violin part highlights bigger problems for the global economy
(nytimes.com)
As the Trump administration advances a trade war with global consequences, the Kun Shoulder Rest factory in the Canadian capital does not immediately stand out as the front line.
As the Trump administration advances a trade war with global consequences, the Kun Shoulder Rest factory in the Canadian capital does not immediately stand out as the front line.
Are tariffs bad for growth? Yes, say 5 decades of data from 150 countries (2020)
(sciencedirect.com)
Using an annual panel of macroeconomic data for 151 countries over 1963–2014, we find that tariff increases are associated with an economically and statistically sizeable and persistent decline in output growth.
Using an annual panel of macroeconomic data for 151 countries over 1963–2014, we find that tariff increases are associated with an economically and statistically sizeable and persistent decline in output growth.
China, Japan, South Korea will jointly respond to US tariffs
(thestandard.com.hk)
China, Japan and South Korea reached a consensus that the three countries will jointly respond to US tariffs, a social media account affiliated with Chinese state broadcaster CCTV said on Monday.
China, Japan and South Korea reached a consensus that the three countries will jointly respond to US tariffs, a social media account affiliated with Chinese state broadcaster CCTV said on Monday.
Canadian government launches billboards in multiple U.S. states
(cbsnews.com)
Canadian officials are making their voices heard against tariffs through digital billboards in multiple states.
Canadian officials are making their voices heard against tariffs through digital billboards in multiple states.
EU looks to hit Big Tech in crackdown on US services exports
(ft.com)
EU looks to hit US services in tariff retaliation
EU looks to hit US services in tariff retaliation
Trump places 25 per cent tariff on US auto imports
(abc.net.au)
US President Donald Trump says he is placing a 25 per cent tariff on all automotive imports to the United States.
US President Donald Trump says he is placing a 25 per cent tariff on all automotive imports to the United States.
Trump's $16T Trade Blind Spot
(project-syndicate.org)
Convinced of an easy victory, Donald Trump has launched a global tariff war aimed at reducing the US trade deficit. But while Trump is fixated on imported goods, he is overlooking the much larger role that services, intellectual property, and investment play in sustaining America’s global economic dominance.
Convinced of an easy victory, Donald Trump has launched a global tariff war aimed at reducing the US trade deficit. But while Trump is fixated on imported goods, he is overlooking the much larger role that services, intellectual property, and investment play in sustaining America’s global economic dominance.
Cheap Chinese Cars Are Taking over Roads from Brazil to South Africa
(bloomberg.com)
Trump’s tariffs look powerless to stop the incursion of inexpensive cars from China — and may speed it up.
Trump’s tariffs look powerless to stop the incursion of inexpensive cars from China — and may speed it up.
'I'm a little angry': Canadian firms boycott US products
(bbc.com)
Three words that are now a common presence on Canadian shelves, after Donald Trump's tariffs sparked a trade war with the US's northern neighbour.
Three words that are now a common presence on Canadian shelves, after Donald Trump's tariffs sparked a trade war with the US's northern neighbour.
ASML will open Beijing facility despite US sanctions on China
(theregister.com)
Chipmaking tool biz ASML plans to open a new facility in China this year amid rising trade tensions between Washington and Beijing.
Chipmaking tool biz ASML plans to open a new facility in China this year amid rising trade tensions between Washington and Beijing.
How Hansa Merchants Built Northern Europe's First Long Distance Trade Network
(worksinprogress.co)
The Hanseatic League united merchants to bargain with kings, blockade cities, and even win wars. But when technology changed, defections began and the coalition fell apart.
The Hanseatic League united merchants to bargain with kings, blockade cities, and even win wars. But when technology changed, defections began and the coalition fell apart.
The same day Trump bought a Tesla, automaker moved to disrupt trade war
(arstechnica.com)
Elon Musk's Tesla is waving a red flag, warning that Donald Trump's trade war risks dooming US electric vehicle makers, triggering job losses, and hurting the economy.
Elon Musk's Tesla is waving a red flag, warning that Donald Trump's trade war risks dooming US electric vehicle makers, triggering job losses, and hurting the economy.
Musk's Tesla raises concern over Trump tariffs
(bbc.co.uk)
Elon Musk's electric carmaker Tesla has warned it and other US exporters could be harmed by countries retaliating to Donald Trump's trade tariffs.
Elon Musk's electric carmaker Tesla has warned it and other US exporters could be harmed by countries retaliating to Donald Trump's trade tariffs.
The Rise and Fall of the Hanseatic League
(worksinprogress.co)
The Hanseatic League united merchants to bargain with kings, blockade cities, and even win wars. But when technology changed, defections began and the coalition fell apart.
The Hanseatic League united merchants to bargain with kings, blockade cities, and even win wars. But when technology changed, defections began and the coalition fell apart.
Trump's Big Bet: Americans Will Tolerate Downturn to Restore Manufacturing
(nytimes.com)
President Trump’s simultaneous trade wars with Canada, Mexico, China and the European Union amount to a huge economic and political gamble: that Americans will endure months or years of economic pain in return for the distant hope of re-industrializing the American heartland.
President Trump’s simultaneous trade wars with Canada, Mexico, China and the European Union amount to a huge economic and political gamble: that Americans will endure months or years of economic pain in return for the distant hope of re-industrializing the American heartland.
A look at some of the creative ways companies try to dodge high tariffs
(npr.org)
As concerns swirl over the impacts of steep new tariffs on U.S. companies and consumers, so too does talk about how certain businesses try to avoid them.
As concerns swirl over the impacts of steep new tariffs on U.S. companies and consumers, so too does talk about how certain businesses try to avoid them.
China's Homegrown EUV Machines Rumored for Q3 Trial Production
(trendforce.com)
Has China already made striking breakthrough amid U.S. chip export curbs? According to TechPowerUp, China’s homegrown EUV lithography may longer be a distant goal, as a new system is currently being tested at Huawei’s Dongguan facility.
Has China already made striking breakthrough amid U.S. chip export curbs? According to TechPowerUp, China’s homegrown EUV lithography may longer be a distant goal, as a new system is currently being tested at Huawei’s Dongguan facility.
Ontario Raises Electricity Price by 25% for Minnesota, Michigan and New York
(bloomberg.com)
A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’s tariffs.
A Canadian province that exports electricity to the US raised power prices for three states by 25% on Monday in retaliation for President Donald Trump’s tariffs.
ASML will open Beijing facility despite US sanctions on China
(theregister.com)
Chipmaking tool biz ASML plans to open a new facility in China this year amid rising trade tensions between Washington and Beijing.
Chipmaking tool biz ASML plans to open a new facility in China this year amid rising trade tensions between Washington and Beijing.
China says it is ready for 'any type of war' with US
(bbc.com)
China has warned the US it is ready to fight "any type" of war after hitting back against President Donald Trump's mounting trade tariffs.
China has warned the US it is ready to fight "any type" of war after hitting back against President Donald Trump's mounting trade tariffs.