The closure of a factory in the small southern African nation of Lesotho is an early effect of the global disruption caused by President Trump’s tariffs. John Eligon, the Johannesburg bureau chief for The New York Times, talks with Katrin Bennhold, a senior writer, about what he has seen there.
The president backed off his call for a 50 percent tariff on Lesotho, imposing 15 percent instead. But in a country where most people live hand-to-mouth, the damage was already done.
Shunsaku Tamiya, who turned his family’s plastic model business into a global brand, held a scale replica of a German World War II Tiger tank at the hobby show in Shizuoka, Japan, in 2003.
The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two countries, complicating China’s relationship with Europe.
Matryoshka Square, a theme park in the border town of Manzhouli, in China’s Inner Mongolia.
Locals in Canton, N.C., are trying to figure out what’s next after losing the thing that gave them an identity: their beloved, stinky paper mill.
Demolition of the paper mill in Canton, N.C. For more than a century, the mill provided jobs with good salaries and a strong sense of identity for the town.
There is a growing drive to make the country more self-reliant in weapons manufacturing as it faces Russia’s superior firepower. That requires a lot of money from Western backers.
As the likes of Ford and Mercedes retreat, Great Wall Motor and BYD are building factories and bringing affordable EVs and hybrids to one of the world’s biggest markets.
CATL, a Chinese company that is the world’s largest producer of electric vehicle batteries, displayed at the Shanghai auto show in April a lithium-ion battery that can be recharged in five minutes.
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