Trade Wars Can Discourage Domestic Production. Companies that sell products internationally may find it advantageous to avoid tariffs by building factories closer to their customers. By .

The Consumer Brands Association warns that unless the Trump administration ‘fine-tunes’ its trade policy and if it reinstates ...

Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...

But as those economies recovered and grew, the system’s fundamental flaws became harder to ignore. By discouraging domestic production and encouraging consumption, it pushed the U.S. toward a ...

Consumers discuss details about a cell phone with an assistant at a shopping mall in Shushan district, Hefei, Anhui province, April 26, 2025. [Photo/VCG] Boosted by China's trade-in program for ...

US Trade Negotiator Says 10% Universal Tariff Will Rebuild Domestic Manufacturing By Andrea Shalal and Doina Chiacu WASHINGTON (Reuters) -U.S. Trade Representative Jamieson Greer said on Tuesday a ...

World; Asia; Trade wars; China is trying something different to survive trade war. Beijing has put domestic consumption and worker mobility at the centre of its policy agenda this year as it girds ...

China’s leadership has vowed to stabilise the economy and society, as the country is now at a critical stage in handling the unprecedented trade war with the United States. In an economic ...

BEIJING (Reuters) -China's central bank said on Friday it will spur financial institutions to expand support for consumption and foreign trade amid a protracted trade war with the United States.

Allowing American companies to use foreign-built ships for cabotage would lower shipping costs, encourage trade, ... Domestic Ship-Production Rule Hinders National Defense.

US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered US steel industry but decried by heavy users of the metals, from car makers to can ...

Russia is ramping up domestic production and import phaseout in response to significantly reduced trade with European countries, Director of the European Department at the International Monetary ...