Many auto parts suppliers have reported disappointing results and issued weak forecasts for the year, citing the China slowdown. And now the effect is rippling through the rest of the supply chain.
Imports have been piling up there over the past year or so — offering a kind of safety valve for the more than 200,000 U.S. businesses, from Home Depot to Walmart, that use California ports.
After President Trump blindsided Xi Jinping by raising tariffs just days after the end of trade talks that China had called “constructive,” the next step lies in Beijing’s hands.
The Trump administration cracked open the door for the eventual importation of cheaper medicines from abroad, the latest salvo in a battle to bring down drug costs.
Japan and South Korea have both sought for weeks to get the White House on their side in their spiraling trade dispute, with little success. Now, the U.S. may finally be stepping in.
The crisis facing Guatemala’s coffee growers, suffering from rock-bottom commodity prices and depressed incomes, could turn into a nightmare as Trump threatens tariffs against the country.
Tokyo set Wednesday as the deadline for public comments on whether to remove South Korea from a so-called “white list” of trusted export destinations, a move that could restrict exports on hundreds of items to South Korea, hamstringing the country’s giant tech sector.