Aurelia Butler

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    W.T.O. Projects Sharp Pullback in Global Trade, Citing Trump’s Tariffs

    The World Trade Organization forecast on Wednesday that President Trump’s trade policies would shave nearly three percentage points off the volume of global trade in goods this year, as tariffs raise the price of U.S. imports, invite retaliation and slow economic activity.At the start of the year, the W.T.O. expected goods trading to continue growing roughly in line with the global economy, expanding by 2.7 percent. Now it expects it to contract by 0.2 percent instead. That’s a sharp drop from last year, when goods trade grew by 2.9 percent.Mr. Trump has introduced a suite of tariffs, including a 10 percent tariff on most of the world, a minimum tariff of 145 percent on U.S. imports from China, levies on goods from Canada and Mexico and sector-specific tariffs targeting steel, aluminum and vehicles. The Trump administration says this will help bring manufacturing back to the United States and boost the economy, though many economists have predicted the tariffs will instead be a drag on economic activity.The W.T.O., a Geneva-based group that monitors patterns in global trade and coordinates trade negotiations and disputes among its members, said that the estimates were based on the tariff situation as of Monday, and that trade could shrink further “if the situation deteriorates.”The tariffs will have the biggest impact on trade in North America, the group said, where it expects exports will plummet 12.6 percent and imports will drop 9.6 percent in 2025. Asia will be the next most affected, but Asia and Europe will still post modest growth in both exports and imports, the group forecasts.The group said global trade was particularly at risk from the potential return of Mr. Trump’s “reciprocal tariffs.” The president paused those tariffs last week for 90 days, and the Trump administration is now trying to negotiate trade deals with individual countries.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Concert Cold War in a Quiet Enclave

    When Frederick Law Olmsted Jr. designed Forest Hills Gardens, he was trying to bring the respite of an English village into the bustle of New York City.A landscape architect and city planner like his father, one of Central Park’s designers, Mr. Olmsted laid out tree-lined alphabetical streets and open spaces in a pocket of Queens about nine miles east of Times Square. In 1909, these were not mere aesthetic choices: Forest Hills Gardens was an import of the English garden city, a turn-of-the-century movement in urban planning rooted in a utopian ethic.Mr. Olmsted planned for the Tudor-style houses to thoughtfully integrate with their manicured landscapes, for winding pathways to promote leisurely strolls and for curved residential streets to discourage vehicles from passing through.He did not plan, however, for the Australian rock band King Gizzard and the Lizard Wizard. Or for the sold-out shows by the Irish singer Hozier. Or really for anything about the concert venue that was once a storied tennis stadium and is now rattling both windows and nerves in the neighborhood.“It does disrupt the calm,” Mitch Palminteri, a Forest Hills Gardens resident, said at a recent community board meeting. “I don’t want to close my window on a summer night.”Others like what the concerts represent.“Music is about community,” said Joseph Cooney, who lives in adjacent Forest Hills. “We have it in spades in this neighborhood. How can we ever let that go away?”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    At Trial, Mark Zuckerberg of Meta Calls TikTok a Major Competitive Threat

    The Meta chief executive testified for a third day in a landmark antitrust trial accusing his company of quashing competition through acquisitions.Mark Zuckerberg, the chief executive of Meta, took the witness stand in a landmark antitrust trial for a third day, saying on Wednesday that the video app TikTok has emerged as a serious competitor in social networking.In a friendly exchange led by lawyers for Meta, Mr. Zuckerberg said that the fast growth of the Chinese-owned app was “probably the highest competitive threat for Instagram and Facebook over the last few years.”Mr. Zuckerberg’s lawyers were trying to poke holes in the case, Federal Trade Commission v. Meta Platforms, which went to trial on Monday. The F.T.C. has accused the social media company, which was previously known as Facebook, of acquiring Instagram and WhatsApp when they were tiny start-ups in a “buy-or-bury strategy” to snuff out competition. Meta’s core function is connecting friends and family, making Snapchat its only serious social media competitor, the F.T.C. has said.Mr. Zuckerberg countered during his more than seven hours of testimony so far this week that Meta faces significant competition in the world of social networking, including from TikTok and Apple’s iMessage. On Wednesday, he said Meta’s addition of a short-video feature known as Reels to Instagram and Facebook was in large part a response to TikTok’s rise. Users continue to engage more on TikTok than with his apps, he said.“TikTok is still bigger than either Facebook or Instagram, and I don’t like it when our competitors do better than us,” Mr. Zuckerberg said.Judge James E. Boasberg, who is presiding over the case in the U.S. District Court for the District of Columbia, must decide whether Meta broke the law. The government plans to seek a breakup of the company if it wins.Judge James E. Boasberg will rule on whether Meta violated antitrust law.Erin Schaff/The New York TimesWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Amazon Sellers Struggle with Trump’s Tariff Plans

    When President Trump announced tariffs this month on goods from all over the world, Jing and Eddie Levine, who sell party supplies on Amazon, were on a flight home to Chicago after visiting suppliers in Asia.Amazon was the center of their life. They met at a conference for Amazon sellers in 2016 and had their first kiss at another Amazon conference two years later. They moved in together and grew their business, Treasures Gifted. When they married in 2022, they threw an Amazon-themed wedding, with guests assigned Amazon product numbers instead of table numbers.The Levines tried to make sense of the news. The giant poster that Mr. Trump pointed to during a Rose Garden ceremony on April 2 showed that China would be hit with large tariffs, but so would every country they had just visited — and almost every country on the planet, for that matter.“Thank God the Wi-Fi on the plane was not bad this time,” Mr. Levine said, “because I would have had a heart attack.”The balloons, plates and decorations that the Levines import are just a speck in the trillions of dollars in goods that swirl around the globe. A week after Mr. Trump announced his so-called reciprocal tariffs, he pulled them back for most countries for at least 90 days, while sending tariffs on China even higher.Countries or major companies may be able to lobby the president for a break, as he seemed to give Apple and other electronics makers over the weekend. But the best the Levines of the world can do is wait for news updates and hope their plans haven’t been shredded by Mr. Trump’s vision for unraveling decades of global trade. And like thousands of other small-business owners who sell online, the Levines are struggling to adapt to an e-commerce system that let them tap into international markets but that is now on the verge of falling apart.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Senator Chris Van Hollen Heads to El Salvador to Check on Deported Immigrant

    Senator Chris Van Hollen, Democrat of Maryland, is on his way to El Salvador on Wednesday to press for the release of Kilmar Armando Abrego Garcia, a Salvadoran immigrant and Maryland resident who was mistakenly deported by the Trump administration and remains imprisoned in his native country despite a federal court order calling for his return to the United States.Mr. Abrego Garcia was removed from the United States last month in what immigration officials have since acknowledged was an error. Although the Supreme Court has instructed the government to facilitate his return, both U.S. and Salvadoran authorities have so far refused to comply.Mr. Van Hollen said he hoped to visit Mr. Abrego Garcia at the maximum security prison where he is being held, known as CECOT, about an hour outside the country’s capital. The senator also said he hoped to talk to Salvadoran officials about securing Mr. Abrego Garcia’s release.“Following his abduction and unlawful deportation, U.S. federal courts have ordered the safe return of my constituent Kilmar Abrego Garcia to the United States,” Mr. Van Hollen said in a statement before his departure. “It should be a priority of the U.S. government to secure his safe release.”The trip comes shortly after President Nayib Bukele of El Salvador traveled to Washington, D.C., this week for a meeting with Mr. Trump. Mr. Van Hollen had requested a meeting with Mr. Bukele during the visit, but received no response.Mr. Trump and Mr. Bukele had appeared side-by-side in the Oval Office, with Mr. Bukele saying he had no intention of releasing Mr. Abrego Garcia and Mr. Trump saying he was powerless to seek his return.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Patients Cut Off From Cheaper Obesity Drugs as FDA Halts Sales of Copycats

    Hundreds of thousands of Americans stand to soon lose their access to cheaper weight-loss drugs, with a federal crackdown on copycat versions threatening to disrupt treatment and raise costs.The Food and Drug Administration has ordered producers and sellers of the less expensive products to wind down operations in the coming weeks now that it has declared there are no longer shortages of the blockbuster drugs Wegovy and Zepbound.Produced through a process of mixing drug ingredients known as compounding, the copycat medications had spawned a booming multi-billion-dollar industry. Patients turned to compounding because their health insurance would not pay for the brand-name drugs and they could buy the compounded versions for less than $200 a month in some cases.Eli Lilly and Novo Nordisk now offer the brand-name drugs for $500 a month in most cases to patients who pay with their own money instead of going through insurance. Until recently, patients sometimes had to pay over $1,300 a month.The F.D.A. ordered compounding for versions of Eli Lilly’s Zepbound to end last month. Small compounders have until April 22 to stop making and selling versions of Novo Nordisk’s Wegovy; large compounders have until May 22.It is not clear how the F.D.A. will enforce these deadlines. The Health and Human Services Department, which oversees the F.D.A., declined to answer questions for this article.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Pope Francis Thanks Doctors and Nurses for His Recovery

    Although the pontiff has begun meeting with more people, he remains frail and will not lead important Easter events, the Vatican announced.Pope Francis on Wednesday held an audience with dozens of doctors, nurses and hospital staff who helped get him back to health after bronchial infections and double pneumonia put his life at risk earlier this year.“Thank you, thank you for everything you have done,” Francis said in a raspy voice. “I pray for you, I hope you do the same for me.”But in a sign of his continued frailty, the Vatican announced that the 88-year old pontiff would not lead the celebration of major services on Easter weekend and had instead delegated several cardinals to take his place. It remains unclear if he will attend any Easter festivities, though he may still give a blessing.His brief statements to the hospital staff were the most Francis had said in public since March 23, when he was released from the Policlinico A. Gemelli in Rome after a 38-day stay.When he left the hospital, his doctors disclosed that the pontiff had been so ill that he nearly died on two occasions. Francis was admitted on Feb. 14 with bronchitis that developed into pneumonia in both lungs.Since returning to the Vatican, Francis has been convalescing in the guesthouse where he lives, gradually increasing appointments in his daily routine. Along with daily physiotherapy, both motor and respiratory, Francis has begun to meet with top Vatican officials on a regular basis, according to the Vatican press office. He has also been working on texts and documents, it said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Shein and Temu Will be Hit by Trump’s China Tariffs. Americans Are Worried.

    The Trump administration’s plan to add steep fees to packages from China will deal a blow to Temu, Shein and some TikTok Shop sellers, worrying American consumers.Tamika Johnson, a 44-year-old in Chicago, posted videos to TikTok this month about her orders from Shein, the Chinese e-commerce giant. She was nervous about potential delivery delays in the face of upcoming tariffs.Her 213,000 followers chimed in as she shared status updates on her purchases of clothing and suitcases, detailing their own plans for last-minute orders and sharing concerns about their shipments.“People are very worried,” Ms. Johnson, who posts to TikTok under the handle @TammyTheBlackPrepper, said in an interview. “I’m trying to stock up on clothes now and the things that I need.”Ms. Johnson is one of many American consumers who have been posting anxiously to TikTok and Reddit about a coming Trump administration-induced change for the Chinese e-commerce companies Shein and Temu, which sell inexpensive items like $8 dresses and $14 wagons. Starting on May 2, the Trump administration is poised to end a trade loophole that enabled the delivery of ultra low-cost goods from Chinese factories straight to Americans’ doorsteps without being subject to duties. That will add steep new fees to packages from Shein and Temu.At least some sellers on TikTok Shop, the popular app’s growing marketplace, and AliExpress, another Chinese e-commerce site, will also take a hit.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More