On Tuesday’s broadcast of MSNBC’s “11th Hour,” Oregon Attorney General Dan Rayfield (D) said that litigation about the president’s emergency power on tariffs “absolutely is not about tariffs. This is about Republicans reworking our economy, the foundation of our economy.”
Countries pursue mercantilist policies not because they’re naturally better at producing certain goods, but because they want to maintain consumption deficits while America absorbs their excess production.
Russian President Vladimir Putin met with Chinese dictator Xi Jinping and Indian Prime Minister Narendra Modi on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Tianjin, China on Monday. Xi and Putin used the event to tout their vision of a new post-American, post-European world order, and seemed intent on fitting India into that vision.
President Donald Trump remained highly critical of trade with India on Monday, calling it a “one-sided disaster” that has not benefited the United States.
During an interview with the Fox News Channel’s Will Cain that took place on Thursday, prior to Friday’s court ruling on tariffs, Vice President JD Vance responded to concerns about uncertainty about tariffs by saying that “the countries have a
Economic analysts predicted this week that the money India saved by importing huge amounts of discounted Russian oil will be more than wiped out by President Donald Trump’s punitive tariff increase, which took effect on Wednesday.
Socialist Brazilian President Luis Inácio Lula da Silva welcomed his Panamanian counterpart José Raúl Mulino on Thursday to sign several bilateral agreement and support Panama’s control of the Panama Canal.
Inflation held steady in July, with the Federal Reserve’s preferred price gauge showing a slight deceleration in cost pressures and defying predictions from Fed Chairman Jerome Powell that tariffs would push up consumer prices.
The tariff rate on India doubled overnight in a bid to discourage the country from continuing to buy cheap Russian oil.
According to shipping data, the top buyers of Russian seaborne fuel in July were Saudi Arabia and India, although India has backed off Russian oil imports slightly.
Leftist Canadian Prime Minister Mark Carney visited Kyiv on Friday to sign agreements supporting the country’s efforts to stop the ongoing Russian invasion of its land, leaving Canada shortly after agreeing to drop tariffs on the United States.
The Trump administration has proven that tariffs do not cause inflation, Peter Navarro, senior counselor to the president for trade and manufacturing at the White House, said during an appearance on Breitbart News Saturday.
Multiple postal services around Europe announced Saturday that they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties.
There will be no trade war because our allies are giving in to Trump’s trade policies.
Russian Foreign Minister Sergey Lavrov said after meeting with Indian Foreign Minister Subrahmanyam Jaishankar in Moscow on Thursday that the flow of Russian oil to India will continue despite President Donald Trump’s efforts to pry the longtime allies apart.
Chinese Foreign Minister Wang Yi concluded a brief visit to New Delhi on Wednesday in which he emphasized to senior officials in the Indian government Beijing’s desire to see the two countries “strengthen confidence, move toward each other, overcome disruptions, expand cooperation and consolidate the positive momentum in improving bilateral relations.”
By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this Friday, the familiar choreography will be missing one element: consensus.
On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent responded to a question on whether or not a trade deal with China is needed by stating that “China is, right now, the biggest revenue line
On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent said that Russia could not wage war against Ukraine without China’s support but we haven’t put impactful secondary tariffs on China because “China had always been
A new working paper asks what would have happened if the country had heeded Pat Buchanan’s warnings about unchecked globalization and adopted his trade policies sooner.
President Donald Trump’s tariff policy is about a lot more than raising import duties. This is the new “deal economy”—less about rates, more about commitments.
Indian Prime Minister Narendra Modi revealed on Monday that he received a phone call from his Russian counterpart, Vladimir Putin, updating him on the results of the latter’s in-person meeting with President Donald Trump last week.
Air Canada suspended its plan to resume operations on Sunday after the flight attendants union said it would defy a return-to-work order.
Brazil’s socialist president, Luiz Inacio Lula da Silva, declared at the opening of a Chinese automobile plant that Brazil is “open for business.”
Indian Prime Minister Narendra Modi on Friday repeated his vow to protect Indian farmers from competition with tariffs and trade barriers, even as President Donald Trump’s punishing retaliatory tariffs of up to 50 percent on Indian goods threaten to take effect.
The Communist Party of China imposed a 75.8-percent tariff on Thursday on Canadian canola products, claiming that Canada was intentionally “dumping” underpriced canola seed into the Chinese market to hurt domestic farmers.
South Africa’s Department of International Relations and Cooperation (DIRCO) is trying to walk back statements by South African National Defense Force Chief General Rudzani Maphwanya on a visit to Iran.
When, if ever, should a country impose tariffs? A working paper by economists Oleg Itskhoki and Dmitry Mukhin provides an answer that is both surprising and vindicating of the Trump administration’s trade agenda.
President Donald Trump released a video of White House Senior Counselor for Trade and Manufacturing Peter Navarro explaining the history behind tariffs.
The legal case for Trump’s use of tariffs under IEEPA isn’t some novelty. It’s an originalist argument grounded in history, precedent, and the plain structure of constitutional power.
Brazilian Finance Minister Fernando Haddad claimed on Monday that alleged “far-right forces” operating with the White House forced the cancellation of a meeting he had scheduled with U.S. Treasury Secretary Scott Bessent.
Xi Jinping told socialist President Luiz Inácio Lula da Silva that China would support Brazil in “defending [its] national sovereignty.”
Ukrainian President Volodymyr Zelensky held a phone conversation on Monday with his Indian counterpart, Prime Minister Narendra Modi, in which he reinforced President Donald Trump’s position that New Delhi must cut off its purchases of Russian oil.
President Donald Trump on Monday extended a pause on tariffs against Chinese imports into the United States for another 90 days.
A new academic paper, published by three trade economists using microdata from China, shows that tariffs don’t have to raise prices. Sometimes, they bring them down.
The largest producer of primary aluminum in the United States is set to invest $50 million to bring back its partially idled South Carolina plant in a “direct” response to President Donald Trump’s tariffs, company officials announced this week.
India appears to have taken one of its first concrete retaliatory actions against President Donald Trump’s tariffs, as three Indian officials told Reuters on Friday that arms purchases from the United States have been put on hold, and a planned visit by Defense Minister Rajnath Singh to Washington has been canceled.
President Donald Trump this week said he is planning to impose a 100 percent tariff on imported computer chips unless manufacturers are also investing in U.S. production.
Indian National Security Adviser Ajit Doval touted his government’s “strategic partnership” with Russia on Thursday after meeting with Russian military officials.
China is willing to assist and deepen its cooperation with fellow BRICS founder nation Brazil against the “external uncertainties” of the United States and President Donald Trump’s tariff policy, Foreign Minister Wang Yi said on Wednesday.
