Instead of making our strategy America against the whole world on tariffs, Trump should have made it all the industrial democracies, led by America, against China.
Instead of making our strategy America against the whole world on tariffs, Trump should have made it all the industrial democracies, led by America, against China.
Parts of BMW car bodies emerging from a machine at a plant in Munich. Auto manufacturing is Germany’s largest industry, and the United States is the sector’s biggest export market.
Margrethe Vestager and Thierry Breton, then E.U. officials, announcing the Digital Services Act in 2020. The law is meant to prevent the spread of illegal content and disinformation.
Marine Le Pen, a far-right French politician, was a leading candidate to become the country’s next president, but has now been barred from running for public office for five years.
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.
President Trump’s announcement went beyond most predictions, showing a greater willingness to follow his instincts even when critics — and some allies — consider failure a likely outcome.
President Trump announced sweeping levies on countries across the world. The tariffs create a dilemma for longstanding friends — and an opportunity for foes.
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.
Large global powers set the tectonic shifts of geopolitics in motion. Small players have always had to figure out how to survive in the cracks in between.
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.
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