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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Foreign manufacturers in China are paying duties of 125 per cent to import components and then 145 per cent to export to the US as Donald Trump’s trade war hammers their operations. International companies and … Read more
China issues tax refund policies for foreign tourists to boost inbound consumption
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The Trump administration has reversed course on terminating the visa registrations of hundreds of foreign students, bowing to rising criticism and legal judgments from its pressure campaign against the universities. In a court … Read more
Anjan Roy was studying with friends at Missouri State University when he got an email that turned his world upside down. His legal status as an international student had been terminated, and he was suddenly at risk for deportation. “I was in literal shock, like, what the hell is this?” said Roy, a graduate student in computer … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japanese investors offloaded more than $20bn in international bonds as Donald Trump’s tariffs shook markets early this month, in a sign of how the Wall Street turbulence cascaded around the world. Private institutions, including banks … Read more
Companies large and small are turning to special U.S. Customs-approved sites to avoid, at least temporarily, the payment of new tariffs implemented by President Trump. These locations, called foreign trade zones (FTZs) and bonded warehouses, are specially designated, secured storage or manufacturing sites approved by U.S. Customs where freight is not subject to U.S. duties … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Harvard University said it would “not surrender its independence” and pushed back against the US government after Donald Trump’s administration threatened to cancel the visas of its foreign students. The Ivy League university … Read more
A major mystery of the Trump tariff crusade: The “Liberation Day” “reciprocal” duties he’s threatening are completely disconnected from what other nations are charging the U.S. on our exports. In virtually all cases, Trump’s tariffs are multiple times larger. How does he justify this giant gulf? The president claims we’re getting “ripped off” not by … Read more
In the weeks leading up to Donald Trump’s “liberation day”, diplomats and foreign officials streamed through Washington to secure the holy grail: a deal the president could not refuse, and one that would spare them his tariffs. None succeeded. Trump used rarely-invoked emergency powers to unleash tariffs of between 10 per cent and 50 per … Read more
A crackdown on foreign students is alarming colleges, who say the Trump administration is using new tactics and vague justifications to push some students out of the country. College officials worry the new approach will keep foreigners from wanting to study in the U.S. Students stripped of their entry visas are receiving orders from the Department of … Read more
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