Susie James, a retired small business owner in Wales, has observed the recent swings in the stock market with only mild interest. Like many Europeans, Ms. James and her husband hold a significant percentage of their savings in cash, the…
Tag: Economic Conditions and Trends
A Crisis at a British Steel Mill Has Cast a Shadow Over U.K.-China Relations
Britain has sent a parade of senior officials to China this year, part of a calculated charm offensive to thaw out relations with a country that looms large in a world order upended by the United States under President Trump.…
A Crisis at a British Steel Mill Has Cast a Shadow Over U.K.-China Relations
Britain has sent a parade of senior officials to China this year, part of a calculated charm offensive to thaw out relations with a country that looms large in a world order upended by the United States under President Trump.…
With Trump’s Tariffs, Europe Fears a Flood of Cheap Goods From China
China has for years presented an economic challenge for Europe. Now, it could become an economic disaster. It produces a vast array of artificially cheap goods — heavily subsidized electric vehicles, consumer electronics, toys, commercial grade steel and more —…
How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs
Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years…
China Says Shoppers Will Offset Trump Tariffs, But Doubts Remain
As the United States and China barreled headfirst into full-fledged trade war this week, one of Beijing’s most fashionable shopping districts was still bustling. People browsed a high-end perfumery, lounged outside coffee shops and waited in a wraparound line for…
In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
President Trump didn’t seem to mind as his worldwide tariffs set off stock market sell-offs and wiped out trillions of dollars in wealth. “Be cool,” he told Americans. Then he blinked on Wednesday afternoon in the face of financial turmoil,…
U.S. and Ukraine Reopen Talks on Contentious Minerals Deal
A Ukrainian delegation was in Washington on Friday for a new round of talks about a deal that would give the United States a major stake in Ukraine’s natural resources. The visit marked the latest twist in a monthslong saga…
Plunge in Oil Prices Threatens Russia’s Vast Spending on Ukraine War
President Trump spared Russia from the tariffs he had imposed on 180 other nations in a bid to reshape global trade. But that did not exempt the country from the ensuing economic havoc. The price of oil, the lifeline of…
Southeast Asia, With Little Leverage, Seeks to Placate Trump on Trade
They were hit by some of President Trump’s most punishing tariffs, in one case as high as 49 percent. The new levies threatened to cripple their economies, which have prospered by making sneakers and tech goods for American consumers. So…