Bond Market is Upended by Trump’s Tariffs
The bedrock of the financial system trembled on Friday, with government bond yields rising sharply as the chaotic rollout of tariffs shook investors’ faith in the pivotal role played by…
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
For months, Nintendo, the maker of famed video game series like Super Mario Bros. and Donkey Kong, had expected the morning of April 2 to be a celebration. To much…
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and raised fears of a recession. Just hours after…
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
President Trump upended the international trading system on Wednesday with a blunt package of global tariffs, making the case that the United States faces a dire economic emergency as a…
Elon Musk Backlash Turns Into Global Sales Slump for Tesla
If there is anyplace Tesla should be thriving, it’s Norway. Electric vehicles account for more than 90 percent of new car sales in the Scandinavian country, and buyers here are…
On Minnesota’s Iron Range, Trump’s Tariffs Could Be Boom or Bust
Once a week, most weeks, the ground in Chisholm, Minn., shudders underfoot. “When they blast over here, we can feel it in town over there,” Jed Holewa, a City Council…
Trump to Pause Auto Tariffs for Canada and Mexico for One Month
President Trump said on Wednesday that he would pause tariffs on cars coming into the United States from Canada and Mexico for one month, after a 25 percent tariff that…
Trump Announces ‘Reciprocal’ Tariffs Across the Globe
President Trump on Thursday set in motion a plan for new tariffs on other countries globally, an ambitious move that could shatter the rules of global trading and is likely…
Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada, Mexico and China. Auto manufacturers ship…
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it had agreed to a takeover by Nippon…