President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
Category: Commerce Department
U.S. Proposes Steep Tariffs on Critical E.V. Battery Material
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Trump Adds 17% Tariff on Tomatoes From Mexico
The Trump administration is adding a 17 percent tariff to a year-round grocery store staple, while funneling more business to domestic tomato growers, largely in Florida.
Xi to Trump: Rein in the Hawks Trying to Derail the Tariff Truce
China sought to depict a call between Xi Jinping and President Trump as an appeal from one strongman leader to another to run a tight ship and stay on course.
Export Controls Are Endangering the Fragile U.S.-China Truce
Just two-and-a-half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other’s key industries.
Europe Secured a Tariff Delay From Trump, but Can It Now Make a Deal?
Officials from the European Union and the United States will start a new negotiating push on Monday, after President Trump delayed until July 9 the 50 percent tariffs he imposed on the bloc.
Nvidia’s Chief Says U.S. Chip Controls on China Have Backfired
Jensen Huang, the chipmaker’s top executive, said the attempt to cut off the flow of advanced A.I. chips spurred Chinese companies to “accelerate their development.”
For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
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