Colloquially known as “friendshoring,” the policy is a way to hedge major industries like technology against big supply shocks, while reducing dependence on China and boxing out Beijing in the global ...
President Trump has shown that his pre-inauguration threat to impose hefty trade tariffs on Canada, Mexico and China was not ...
Chief Economist, Philip Lane, has suggested that the bank needs to maintain flexibility in its monetary policy due to the continued risk of inflation in both directions. Lane expressed confidence that ...
The U.S. Postal Service reversed a Tuesday decision that could have blocked or delayed parcels from Shein, Temu and other ...
Still, trade experts said they expect the China tariffs to increase prices paid by U.S. shoppers, since importers typically pass along a share of the cost of those higher taxes to consumers. The ...
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...