Jason Douglas

4 weeks ago | wsj.com | Jason Douglas |Jon Emont |Hannah Miao

SINGAPORE—Shortly after the news broke that a U.S. court invalidated almost all of President Trump’s tariffs, one Vietnam-based furniture exporter responded with an astonished text: “WHAT???”Wednesday’s shock decision by a hitherto little-known U.S. federal court sows fresh uncertainty over the U.S. assault on global trade, the latest in a series of escalations and reversals over trade policy that have whipsawed financial markets and scrambled corporate decision-making.

1 month ago | wsj.com | Hannah Miao |Jason Douglas

American and Chinese firms are racing to clear a backlog of orders during a pause in trade war hostilitiesAdam Leeb is rushing to ship $700,000 of electronic typewriters from China while the trade truce holds. After forking out $23,000 for tariffs in March when President Trump hit Chinese goods with a new 20% levy, Leeb, a Detroit-based business owner, decided to pause shipments altogether when the administration then pushed tariffs to an eye-watering 145%.

1 month ago | wsj.com | Jason Douglas |Timothy W. Martin

Talks with Japan, South Korea and European Union bog down over auto tariffs and U.S. reneging on past dealsThe U.S. hammered out a trade truce with its foremost geopolitical rival in record time. Reaching agreement with longtime allies is proving more of a slog. The U.S. drew up a list of 18 key trading partners to focus on in negotiations following President Trump’s April 2 tariff blitz, when he slapped “reciprocal” tariffs on almost all U.S. imports. Copyright ©2025 Dow Jones & Company, Inc.

1 month ago | flipboard.com | Jason Douglas |Timothy W. Martin

11 hours agoTrump warns Walmart: Don't raise prices due to my tariffs but do eat the costs from those taxesWASHINGTON (AP) — President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

1 month ago | wsj.com | Brian Schwartz |Jason Douglas

Tariff reductions are bigger than expected and Bessent says ‘neither side wants to decouple’A few days ago, it would have seemed almost impossible, but on Monday, to the surprise of global investors and everyday businesses fearing a trade war, the U.S. and China agreed to a major de-escalation. The world’s two biggest economies unwound for now most of the tariffs they had imposed on each other since April in a tit-for-tat battle that had threatened to upend the global economy.