Patricia Cohen

1 week ago | nytimes.com | Patricia Cohen

The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers. President Trump's global 10 percent tariff is likely to make consumer goods more expensive. Credit Credit... When Donald J. Trump championed the idea of a 10 percent blanket tariff during the campaign, many people, whether for or against, were taken aback by how radical the idea was.

1 week ago | myheraldreview.com | Daisuke Wakabayashi |Alexandra Stevenson |Patricia Cohen

A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing the fate of two superpowers and threatening to drag down the world economy. The brinkmanship displayed by the two countries has already far exceeded the battles they waged during President Donald Trump’s first term. In 2018 and 2019, Trump raised tariffs on China over 14 months.

1 week ago | nytimes.com | Daisuke Wakabayashi |Alexandra Stevenson |Patricia Cohen |Keith Bradsher

El jueves, Goldman Sachs bajó las expectativas para la economía china, a pesar de que prevé un enorme gasto de estímulo por parte de Pekín. Redujo sus perspectivas de crecimiento para este año del 4,5 por ciento al 4 por ciento, un crecimiento elevado para los estándares estadounidenses, pero un ritmo lento para China. China ha confiado en el flujo de productos procedentes de las fábricas para compensar la debilidad del resto de su economía.

2 weeks ago | nytimes.com | Daisuke Wakabayashi |Alexandra Stevenson |Patricia Cohen |Keith Bradsher

A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere. A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China forged over decades, jeopardizing the fate of two superpowers and threatening to drag down the world economy. The brinkmanship displayed by the two countries has already far exceeded the battles they waged during President Trump's first term.

2 weeks ago | nytimes.com | Patricia Cohen

The nation that the Trump administration slapped with the heftiest tariff this week is a small, rural, landlocked country in southern Africa that is among the world's poorest. Lesotho, which makes denim that goes into American-branded jeans, was hit with a 50 percent tariff. It was among several lower-income countries on the continent that were shocked by levies high above the minimum 10 percent imposed on nearly all of America's trading partners.