In May, the 10-country Association of Southeast Asian Nations, known as ASEAN, will meet the six Middle Eastern nations that make up the Gulf Cooperation Council. The summit’s host, Malaysia, has invited China to attend. China is also poised to update its own free-trade agreement with ASEAN, which includes Cambodia, the Philippines, Indonesia and Vietnam. … Read more
The cost of using the Panama Canal has risen in recent years — excessively so, President Trump has asserted. The canal operator says droughts, investments in upgrades and sheer demand are among the reasons. But if Mr. Trump wrests lower canal fees out of Panama, American consumers may not feel much difference, because canal costs … Read more
As President Trump was locked in a war of words with the leader of Colombia over the military deportation of migrants, China’s ambassador to Colombia declared that relations between Beijing and Bogotá were at their “best moment” in decades. Zhu Jingyang, the ambassador, later said that it was a coincidence that he posted his comment … Read more
At a newly built dock along Germany’s Elbe River, tankers from the United States unload liquefied natural gas to fuel factories and homes. In central Spain, a forest of wind turbines planted atop mountains helps power the energy grid. In French government buildings, thermostats have been lowered in winter to save electricity. In the three … Read more
Not long after “Hockey Night in Canada” began on the big screens of a bar in Windsor, Ontario, fans in the arena could be heard delivering an icy message as the visiting team’s national anthem was played. They booed, long and loud. The visiting team was the Minnesota Wild, the anthem was “The Star-Spangled Banner,” … Read more
Markets around the world braced for volatile trading on Monday as investors began to assess the potential fallout from President Trump’s announcement of tariffs on Mexico, Canada and China. On Monday morning, markets in Japan and South Korea opened more than 2 percent lower. Overnight trading on Wall Street pointed to a sharp slide for … Read more
The United States and its biggest trading partners were hurtling on Sunday into a new era of protectionism as Canada, Mexico and China said they would adopt countermeasures against new tariffs levied by President Trump. From honey to tomatoes, and from clothes to toilet bowls, a wide range of American goods that cross the border … Read more
President Trump’s decision on Saturday to impose new tariffs on imports from China poses a dilemma for Beijing’s leaders: Is it better to ignore the new tariffs or retaliate? Doing little runs the risk of looking weak in the eyes of the Chinese people. China’s extensive domestic propaganda apparatus has described China as a rising … Read more
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada, Mexico and China. Auto manufacturers ship tens of billions of dollars worth of finished automobiles, engines, transmissions and other components each week across the U.S. borders with Canada and Mexico. Billions … Read more
President Trump on Saturday ordered 25 percent tariffs on all Mexican exports to the United States and a similar levy on all Canadian goods, except for a 10 percent tariff on Canadian energy. His move sent shock waves through both nations, whose leaders have warned that the tariffs will harm all three countries and disrupt … Read more