Trump Says He Is Reluctant to Keep Raising Tariffs on China

Adam Smith, David Ricardo and Donald Trump: How US tariffs herald an end to the era of hyper-globalisation

Adam Smith balked at restraints on free trade ‘either by high duties, or by absolute prohibitions’. The return of high tariffs and industrial policy in the US under Donald Trump and Joe Biden mark the end of the era of hyper-globalisation propelled by the ideas of the classical economists Smith and David Ricardo

Trump shifted on tariffs after bond holders got jittery. He held millions himself.

When the US President paused a round of global tariffs, he attributed his change of heart to the bond market. Trump should know – he had a big personal stake in it.

Trump administration may form task force to handle China tariff impact

The Trump administration is preparing to act quickly if there's no tariff breakthrough with China.

U.S. President Donald Trump suggested Thursday a possible end to tariff increases between his nation and China, a country that he threatened to impose rates of up to 245% on some products. "I don't want them to go up any further because there's a point where people don't buy," said the president from Washington. However, that same day the Republican imposed port tariffs on ships built and operated by the Asian country, a measure that has been cr…

Trump Signals Trade War With China Could Be Close to an End

President Trump signaled a possible breakthrough in the China trade war, saying he’s open to dialing back tariffs and reviving stalled trade talks. He also suggested that a TikTok deal remains on hold until trade issues are resolved. Key Facts: China Trade War Talks and TikTok Deal President Trump said China has reached out to restart trade negotiations. Trump hinted he may lower tariffs instead of increasing them further. He reaffirmed his pos…

Hoping to install solar? You may have a harder time due to Trump tariffs

By ALEXA ST. JOHN Mike Summers was eager to install solar at his home in Ohio for years, and after he finally replaced his aging roof this year, his solar contractor swung into action. His system — including 19 panels and a battery backup — went up this week, and Summers considers himself lucky. “I’m glad to have done it when I did,” said Summers, a former mayor in his city of Lakewood just west of Cleveland. He’ll get about $10,000 in tax credi…