Customs (Tariff)

• Volkswagen Suffers More Than Rivals From Auto Industry Woes - The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
• U.S. Trade Deficit Fell to Lowest Level Since 2009 in October, Data Show - The monthly trade deficit continued to shrink after President Trump imposed sweeping tariffs on foreign imports.
• China Touts Hainan, Its Duty-Free Island, Amid $1 Trillion Trade Surplus - Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.”
• Will the A.I. Boom Continue to Drive Up Stocks in 2026? - The boom in artificial intelligence was the biggest driver of gains in the stock market. That could pose a risk in 2026.
• U.S. Economic Growth Surged in Third Quarter of 2025 - Gross domestic product grew at a 4.3 percent annual rate, faster than the previous three months.
• Trump Announces Pricing Deals With Nine Drugmakers - The companies agreed to sell most of their drugs to Medicaid at the prices they charge in European countries and to sell drugs directly to consumers through a planned TrumpRx website.
• ‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy - A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives.
• Trump Announces $1,776 ‘Warrior Dividend’ for Military - President Trump promised active duty troops a $1,776 check, citing increased revenue raised by tariffs, but the funding is coming from money for the military included in this year’s domestic spending law.
• Trump Dangles Cash Payments to Assuage Affordability Concerns - With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.
• On British Roads, Chinese Cars Are Racing Ahead - BYD, Chery and other Chinese automakers are winning over drivers in Britain, where tariffs are low and buyers are open to new brands.