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Trump Announces β€˜Reciprocal’ Tariffs Across the Globe

The president said his advisers would devise new tariff levels reflecting countries’ tariffs, taxes, subsidies and other policies affecting trade with the United States.
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Who Pays for Tariffs? Here’s What You Need to Know.

President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for Americans. But a review of how they work suggests that is not the case.
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Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns

The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.
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China Hacked Treasury Dept. in β€˜Major’ Breach, U.S. Says

The episode comes at a particularly sensitive moment, just as the Biden White House is dealing with one of the most far-reaching, and damaging, hacks into American infrastructure in the cyberage.
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