China Raises Tariffs on U.S. Imports to 125%
Beijing’s retaliation came after the White House had raised its tariff on Chinese goods to 125 percent, on top of an existing 20 percent tax.
Posted inChina Customs (Tariff) Electric and Hybrid Vehicles Fremont (Calif) International Trade and World Market Musk, Elon Tesla Motors Inc Trump, Donald J
Tesla Halts Orders in China on U.S. Imported Models
The removal of an “order” button from Tesla’s Chinese website came after Beijing raised tariffs on American imports in response to President Trump’s levies against the country.
Posted inArea Planning and Renewal China Customs (Tariff) Economics (Theory and Philosophy) Factories and Manufacturing International Trade and World Market Labor and Jobs Trump, Donald J Unemployment United States Economy United States Politics and Government World Trade Organization
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.
Posted inChina Customs (Tariff) International Trade and World Market Standard & Poor's 500-Stock Index Stocks and Bonds Trump, Donald J United States
Stocks waver on latest escalation in U.S.-China trade war.
Beijing retaliated with higher tariffs on U.S. goods, a tit-for-tat move that intensified investors’ anxiety and rattled already shaky markets.