• Trump may prefer a trade war to a deal with China

    2 monthes ago - By Washington Post

    Rather than cooling tensions, Trump has opted for escalation with China.
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  • China looks unlikely to give in after US tariff hike

    2 monthes ago - By Chron

    BEIJING - Exporters scrambled to replace lost orders after U.S. President Donald Trump raised tariffs in July on $50 billion of Chinese imports. Waves of job losses loom over factory towns. But Chinese leaders expressed confidence in their $12 trillion-a-year economy and refused to budge on tactics they see as a path to prosperity and global influence.
    Economists, political analysts and business groups say China's leaders appear no more likely to back down after Trump approved penalties Monday on $200 billion more of Chinese goods.
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  • White House Adviser Navarro On Why Hit China With More Tariffs

    2 monthes ago - By NPR

    The Trump administration is imposing $200 billion in new tariffs on China, which plans to retaliate. Steve Inskeep talks to White House adviser Peter Navarro about the escalating trade war.
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  • China vows to retaliate to $200bln Trump tariffs

    2 monthes ago - By Reuters

    China said on Tuesday that it has no choice but to retaliate against new U.S. trade tariffs threatened by the White House on Monday, raising the risk that President Donald Trump could soon impose duties on virtually all of the Chinese goods that America buys.
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  • Shares shrug as Trump fires off $200 billion of China tariffs

    2 monthes ago - By Reuters

    Who's afraid of the big bad trade war? Not world stock markets it seems.
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  • DealBook Briefing: Trump's Trade War Finally Hits Consumers

    2 monthes ago - By NY Times

    President Trump is imposing tariffs on $200 billion worth of Chinese goods, many of them consumer products. Beijing has promised to retaliate.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Trump slams China with tariffs on $200 billion worth of goods. President Donald Trump on Monday ordered the US Trade Representative to impose a 10% tariff on another $200 billion worth of Chinese goods, meaning more than half of all goods now coming into the US from China are subject to the duties.
    China has "no choice" but to retaliate. "In order to safeguard its legitimate rights and interests and the global free trade order, China will have to retaliate as a response," a statement from China's Ministry of Commerce said.
    Wall Street bankers are getting paid...
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  • Shots Fired- Trade War Is On

    2 monthes ago - By Forbes

    China is likely to win the trade if President Trump does not adopt another policy. He needs to understand that China is not Turkey or Iran, China will not be strong-armed
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  • China has 'no choice' but to hit back at Trump's $200 billion tariffs - kicking the trade war up another level

    2 monthes ago - By Chron

    REUTERS/Thomas Peter
    The US announced new tariffs on $200 billion of Chinese imports on Monday evening.
    China's Ministry of Commerce said Tuesday it has "no choice" but to retaliate.
    It's not clear what form the retaliation will take, but the ministry previously promised to respond with tariffs on $60 billion worth of US goods.
    China will hit back at the US with retaliatory tariffs after President Donald Trump levied a fresh $200 billion of tariffs against Chinese goods overnight.
    The Chinese Ministry of Commerce said on Tuesday morning that it had "no choice" but to retaliate.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Trump slams China with tariffs on $200 billion worth of goods. President Donald Trump on Monday ordered the US Trade Representative to impose a 10% tariff on another $200 billion worth of Chinese goods, meaning more than half of all goods now coming into the US from China are subject to the duties.
    China has "no choice" but to retaliate. "In order to safeguard its legitimate rights and interests and the global free trade order, China will have to retaliate as a response," a statement from China's Ministry of Commerce said.
    Wall Street bankers are getting paid...
    Read more ...

     

  • World stocks advance, unfazed by fresh US-China tariffs

    2 monthes ago - By Chron

    SINGAPORE - European and Asian shares rose on Tuesday, shrugging off President Donald Trump's decision to place tariffs on an additional $200 billion of Chinese goods starting next week.
    KEEPING SCORE: In Europe, France's CAC 40 added 0.2 percent to 5,361.84. The DAX in Germany rose 0.3 percent to 12,127.44. Britain's FTSE 100 gained 0.1 percent to 7,312.17. Wall Street was set to open higher. Dow futures was 0.2 percent higher at 26,144.00. The broader S&P 500 increased 0.2 percent to 2,900.70.
    ASIA'S DAY: Japan's Nikkei 225, reopening after a national holiday, jumped 1.4 percent to...
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  • News Brief: Brett Kavanaugh, Import Tariffs And Syria's Civil War

    2 monthes ago - By NPR

    A Senate panel will hear from the woman who's accused the Supreme Court nominee of assaulting her. Trump orders new tariffs on China. A deal is reached to forestall an assault on a Syrian province.
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  • U.S. Imposes New Tariffs On $200 Billion In Chinese Imports

    2 monthes ago - By NPR

    President Trump announced Monday that he is ordering 10 percent tariffs on $200 billion worth of imports from China. It's the latest round of an escalating trade dispute between the two countries.
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  • 5 ways Trump's tariffs on $200B in China goods could be felt

    2 monthes ago - By Chron

    BALTIMORE - By imposing taxes on an additional $200 billion in Chinese goods, President Donald Trump has intensified a battle of wills between the world's two largest economies - and the outcome is far from certain.
    No one knows how long the tariffs announced Monday might last. No one knows if Beijing will yield as pressure builds or instead stiffen its resolve and keep retaliating. No one knows if a politically divided United States will serve to undercut Trump's aggressive tactics.
    But what's clear is that the latest fight in the escalating trade war is likely, one way or another, to...
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  • China Will Hit the U.S. With a ‘Synchronized' Retaliation for Trump's New $200 Billion Round of Tariffs

    2 monthes ago - By Fortune

    China has announced a “synchronized” retaliation against the latest tranche of tariffs levied against the country by the U.S.
    On Monday, President Donald Trump revealed new tariffs on $200 billion worth of Chinese imports, this time effectively adding to the prices of many consumer goods-earlier rounds of tariffs, which hit $50 billion in Chinese imports, largely targeted items needed by American manufacturers.
    The new tariffs, which come into effect Monday, start at 10%, but are due to rise to 25% at the start of 2019.
    “We deeply regret this,” China's commerce ministry said Tuesday. “In...
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  • China says Trump forces its hand, will retaliate against new U.S. tariffs

    2 monthes ago - By Reuters

    China said on Tuesday that it has no choice but to retaliate against new U.S. trade tariffs, raising the risk that President Donald Trump could soon impose duties on virtually all of the Chinese goods that America buys.
    Read more ...

     

  • China has 'no choice' but to hit back at Trump's $200 billion tariffs - kicking the trade war up another level

    China has 'no choice' but to hit back at Trump's $200 billion tariffs - kicking the trade war up another level

    2 monthes ago - By Business Insider

    The US announced new tariffs on $200 billion of Chinese imports on Monday evening.
    China's Ministry of Commerce said Tuesday it has "no choice" but to retaliate.
    It's not clear what form the retaliation will take, but the ministry previously promised to respond with tariffs on $60 billion worth of US goods.
    China will hit back at the US with retaliatory tariffs after President Donald Trump levied a fresh $200 billion of tariffs against Chinese goods overnight.
    The Chinese Ministry of Commerce said on Tuesday morning that it had "no choice" but to retaliate.
    "In order to safeguard its...
    Read more ...

     

  • China has 'no choice' but to hit back at Trump's $200 billion tariffs - kicking the trade war up another level

    China has 'no choice' but to hit back at Trump's $200 billion tariffs - kicking the trade war up another level

    2 monthes ago - By Business Insider

    The US announced new tariffs on $200 billion of Chinese imports on Monday evening.
    China's Ministry of Commerce said Tuesday it has "no choice" but to retaliate.
    It's not clear what form the retaliation will take, but the ministry previously promised to respond with tariffs on $60 billion worth of US goods.
    China will hit back at the US with retaliatory tariffs after President Donald Trump levied a fresh $200 billion of tariffs against Chinese goods overnight.
    The Chinese Ministry of Commerce said on Tuesday morning that it had "no choice" but to retaliate. It's not clear what form...
    Read more ...