International Trade and World Market

WELLINGTON, New Zealand — On Saturday, an Air New Zealand plane bound for Shanghai abruptly turned around in circumstances that remain unclear. Days later, the launch of a much-promoted tourism initiative planned between China and New Zealand was canceled, purportedly because of scheduling issues for Beijing, despite being planned for years. The incidents have raised…
Good Wednesday. Want this by email? Sign up here. Trump may wait for ‘real deal’ with China President Trump said he may let his March 2 deadline for reaching a trade agreement with China “slide for a little while” if the two countries are near a deal by then. Washington and Beijing are deep in…
As President Trump’s global trade war approaches a pivotal moment, American industry is trying to use Mr. Trump’s love of big economic numbers to get him to stand down. Mr. Trump faces a series of decisions over the next several weeks about whether to ratchet up tariffs on Chinese goods, impose new duties on imports…
Blocking only Huawei, according to government officials, would simply result in capital, personnel and know-how shifting to another Chinese company. In commercial terms, the effect of the executive order on Huawei and ZTE is likely to be small. Large American cellular operators, such as AT&T and Verizon, have been effectively banned from buying from the…
Even with that, Iraq has a shortfall of three gigawatts of power. Last May, around the time Mr. Trump announced the withdrawal from the Iran nuclear deal, Iraqi officials stopped paying Iran for natural gas and electricity. That was in part because they feared the United States was about to impose sanctions, and their lawyers…
Even with that, Iraq has a shortfall of three gigawatts of power. Last May, around the time Mr. Trump announced the withdrawal from the Iran nuclear deal, Iraqi officials stopped paying Iran for natural gas and electricity. That was in part because they feared the United States was about to impose sanctions, and their lawyers…
Want this column in your inbox? Sign up here. Are you a Valentine’s Day person? If not, welcome to a growing club of detractors. Only 51 percent of Americans plan to celebrate the “holiday” in 2019, according to the National Retail Federation, marking a 12-year downward trend. But if you are an observer, how nice…
WASHINGTON — President Trump lauded his new trade agreement with Canada and Mexico in his State of the Union address on Tuesday and urged Congress to pass the revised pact. The deal, he argued, will help American farmers and workers and ensure “that more cars are proudly stamped with the four beautiful words: Made in…
Mr. Trump might argue that the point of the tax cut wasn’t to provide a short-term stimulus, but rather to promote long-term economic growth. However, economists say that it will fail to do that, too. In a survey before the bill was passed, all but one expert said the tax cut wouldn’t lead gross domestic…