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.
Category: Customs (Tariff)
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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.
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How This Trade War Is Different From All Other Trade Wars
By acting on his own, President Trump has broken with more than 200 years of U.S. history in which Congress set the direction of trade policy.
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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.
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Relief at a Trade Hub on the Southern Border, but No End to Its Unease
In an industrial district in Texas and New Mexico, companies welcomed President Trump’s tariff exemptions for Mexico, but concern and confusion linger.
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What’s Wrong With Apple?
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.
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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.
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Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal duties.
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Trump, Offering Few Details, Insists ‘Everybody’ Wants to Make a Deal With the U.S.
The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.
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Stocks Fall as Tariff Pause Fails to Quell Wall Street’s Worries
A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.
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Tariff News Is Scant Relief for Restaurants
Confusion and uncertainty hang over an industry with thin profit margins and few domestic sources for foreign ingredients.
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Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.