President Trump, who disabled the World Trade Organization during his first term, is going after international free trade rules in place since the 1940s. By Keith Bradsher Keith Bradsher ...

"Trade wars are good, and easy to win," Donald Trump said in 2018 – and he has begun his second term launching one against China. But until relatively recently, most of the world was in a ...

It was originally published in German by Handelsblatt in 2024. We are standing on the precipice of a trade war that has Europe in its crosshairs. The World Trade Organization (WTO) had barely made it ...

There are 165 other countries in the World Trade Organization. If each line were adjusted by partner, the US will be administering over 2 million tariff variations.

President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax ...

2:21 ‘American workers first’: White House defends Trump’s 25% tariffs on steel, aluminum President Donald Trump is taking additional action to upset the world trade system, with plans to ...

However, economists have pointed out that the US benefits from having large trade imbalances with the rest of the world, as the dollar — the global reserve currency — is used in most trade ...

The EU eventually won a World Trade Organization challenge to those mechanisms in the 1990s and since then the US has had no similar export rebates. Erica York, vice president of federal tax ...

First, it is important to understand the rules of global trade. Under the terms of membership of the World Trade Organisation (WTO), countries are permitted to impose tariffs on imports.

(AP Photo/Ben Curtis) WASHINGTON (AP) — President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ tariffs that he announced Thursday are ...