The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.
Category: Customs (Tariff)
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Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
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Trump Blocked America’s Front Door to China. Now He’s Closing Back Doors.
The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.
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Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.
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Stocks Fall Further as Concern About Tariffs Deepens
Markets in Asia reflected investors’ continued worries about the economic disruption of President Trump’s trade policies.
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Grocery Shoppers Will Feel the Tariffs First in Produce
Higher prices could also be coming soon for seafood, sugar and coffee. But it may be a while before importers and retailers can gauge the effects of the new fees.
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Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China
A nonprofit group said the president misapplied a law in imposing those levies and portrayed its filing as the first lawsuit to challenge the Trump administration over its tariffs.
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Grocery Shoppers Will Feel the Tariffs First in Produce
Higher prices could also be coming soon for seafood, sugar and coffee. But it may be a while before importers and retailers can gauge the effects of the new fees.
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With the Worst U.S. Stock Market In Years, Try Some Old-Fashioned Investments
People have avoided huge losses by holding old-fashioned, well-balanced investments, an approach our columnist is banking on for the future.
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Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.
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Volkswagen will add an ‘import fee’ to cars sold in the U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.