A mine for heavy rare earth metals on the outskirts of Longnan, China. The country’s suspension of exports of the metals and magnets is part of its retaliation for President Trump’s sharp increase in tariffs.
China’s leader is on a charm offensive in the region, but some of Beijing’s neighbors are wary of being caught in the crossfire of a superpower rivalry.
China’s leader is on a charm offensive in the region, but some of Beijing’s neighbors are wary of being caught in the crossfire of a superpower rivalry.
Britain’s decision to leave the European Union in 2016 was sold to voters as a magic bullet that would revitalize the country’s economy. Its impact is still reverberating.
A long list of electronic products got a reprieve for now from at least some of the levies on China, which had been expected to take a toll on tech giants like Apple.
A long list of electronic products got a reprieve for now from at least some of the levies on China, which had been expected to take a toll on tech giants like Apple.
Products including smartphones and computers appeared to be getting a reprieve from at least some of the levies on China, which had been expected to take a big toll on tech companies like Apple.
The Upstate region of South Carolina was saved by foreign companies after the fall of its textile industry. Now, tariffs pose another round of uncertainty.
Union County, S.C., has not fared nearly as well as nearby areas in reviving its economy after the textile industry collapsed. But in recent years it has recruited some companies, and many locals don’t want to turn back the clock.
A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.
A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.
The island’s many small factories have thrived by being frugal — and flexible. But President Trump’s unpredictability is testing their limits.
Alex Tang, right, employs about a dozen people at Aegis CNC, which makes manufacturing equipment in Taichung, Taiwan. He does not export directly to the United States, but many of his customers do.
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.
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