protectionism

Trump threatens 300% tariffs after Democrats win Congress

President Donald Trump said Thursday that foreign companies that do not build factories in the United States could face tariffs of up to 300%. He made the remarks two days after Democrats won both chambers of Congress. Speaking to reporters…

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IMF reaffirms free trade stance as global tariffs rise

The International Monetary Fund on Thursday reaffirmed its commitment to free trade and open markets, even as governments worldwide continue to expand tariff regimes and pursue economic nationalism. The remarks came during a week in which the Fund also lowered…