
Megha Bahree
Freelance Journalist at Freelance
Americas Business Editor at Al Jazeera English
Americas Business Editor at Al Jazeera Digital
Articles
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1 week ago |
aljazeera.com | Megha Bahree
As United States President Donald Trump and Chinese President Xi Jinping face off in an escalating trade war that has roiled global markets and businesses big and small, the question on countless minds is who will blink first. Trump has pummelled China with a 145-percent tariff. Beijing has retaliated with a duty of 125 percent. Recommended Stories On Tuesday, Trump ramped up his trade salvoes by ordering a national security review of imports of critical minerals, most of which come from China.
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2 weeks ago |
aljazeera.com | Megha Bahree
Trump says he is open to making deals but his disdain for trade deficits makes compromise a challenge, analysts say. At 12.01am EST (04:01 GMT) on Wednesday, United States President Donald Trump's "reciprocal" tariffs will kick in, ramping up a global trade war that has roiled stock markets and set businesses on edge. Trump has long promised tariffs on US trade partners, including while on the campaign trail for the top job last year.
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2 weeks ago |
aljazeera.com | Megha Bahree
In justifying his latest tariffs announcement, President Donald Trump complains of unfair trade deficits, saying the US has been "looted, pillaged, raped, plundered" by other countries for decades. He has accused China of "bleeding us dry" through unbalanced deals, called Canada's tariffs on US dairy "a total disgrace", and even pointed to Cambodia as a country that has "taken advantage of us for years" with excessive tariffs.
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3 weeks ago |
aljazeera.com | Megha Bahree
United States President Donald Trump's latest tariffs on the auto sector have made one thing clear, experts say: The US is no longer a beacon of free market trade, and businesses need to switch to the reality of "America first". On Wednesday, Trump announced 25 percent tariffs from this Thursday on all cars, light trucks and auto parts imported into the US, a move experts called "devastating" for the industry.
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1 month ago |
aljazeera.com | Megha Bahree
Even if blanket tariffs are revoked, more tailored levies are likely to persist, stoking inflation, analysts say.
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