After promising that tariffs against dozens of countries were here to stay, no matter how much they hurt businesses or the stock market, President Trump has abruptly reversed course.
But there’s an exception: his levies on China, which he said he would raise to 125 percent.
Jonathan Swan, who covers the White House, explains why the president changed his m ... Show More
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President Trump said he was making an energy deal with President Vladimir V. Putin of Russia and waiving new sanctions on Moscow. Now, he’s feuding with Ukraine’s leader, Volodymyr Zelensky.Russia is taking advantage of the moment by relentlessly striking Kyiv, killing civilians ... Show More
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Will Tariffs End Trump’s Honeymoon?
After months of promising to impose tariffs on U.S. trading partners, President Donald Trump has made good on his word. On Friday, he announced 10 percent tariffs on China and 25 percent tariffs on Canada and Mexico, though the latter has been delayed by a month. Today on the 538 ... Show More
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Apr 2025
Trump blinks on tariffs. Can Europe exhale?
A tariff storm was brewing — and then, just like that, the forecast changed. Donald Trump shocked everyone by pausing his planned tariffs for 90 days (for all countries except China), throwing global markets a lifeline and leaving the EU wondering what game he’s playing. In this ... Show More
28m 30s
Apr 2025
Import-extort: what to make of Donald Trump’s titanic tariffs
After months of bluster, he’s finally done it. At a ceremony in the White House Rose Garden, Donald Trump overturned decades of American trade policy with a simple signature. The new wave of trade restrictions, if implemented in full, will raise tariffs to the highest level in mo ... Show More
46m 35s
Apr 2025
Tariffs, tensions, and trade: Trump’s gamble on China
Two weeks after Donald Trump’s sweeping tariff announcement shook global markets, he has now offered most countries a 90-day reprieve—while simultaneously escalating trade tensions with China by imposing harsher penalties. So far, China has responded by matching each tariff hike ... Show More
30m 26s