The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump could be a tougher convert.
The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
Large importers, including retailers and manufacturers, paused imports from China this month amid an escalating trade war. Ports are now poised to feel the fallout.
The main oil and gas trade group wants the Trump administration to reconsider maritime rules released in April that would require it to use some U.S. ships to transport liquefied natural gas.
The new fees are aimed at countering China’s dominance of the shipbuilding industry, but critics say they will simply raise prices for American consumers.