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  • Washing machines offer a simple explanation for how Trump's trade war could cause sticker shock in America

    23 days ago - By Business Insider

    The Trump administration on Monday enacted a 10% duty on another $200 billion worth of Chinese products.
    That is in addition to $50 billion worth of import taxes already enacted.
    Economists say washing machine prices, which have risen sharply under tariffs this year, serve as a case study for the latest round of trade barriers.
    As the trade war between Washington and Beijing escalates, price tags on washing machines may offer a glimpse of what's ahead for American consumers.
    Another round of tariffs on Chinese imports takes effect Monday, bringing the total value of affected products to...
    Read more ...

     

  • Washing machines offer a simple explanation for how Trump's trade war could cause sticker shock in America

    Washing machines offer a simple explanation for how Trump's trade war could cause sticker shock in America

    23 days ago - By Business Insider

    The Trump administration on Monday enacted a 10% duty on another $200 billion worth of Chinese products.
    That is in addition to $50 billion worth of import taxes already enacted.
    Economists say washing machine prices, which have risen sharply under tariffs this year, serve as a case study for the latest round of trade barriers.
    As the trade war between Washington and Beijing escalates, price tags on washing machines may offer a glimpse of what's ahead for American consumers.
    Another round of tariffs on Chinese imports takes effect Monday, bringing the total value of affected products to...
    Read more ...

     

  • Washing machines offer a simple explanation for how Trump's trade war could cause sticker shock in America

    Washing machines offer a simple explanation for how Trump's trade war could cause sticker shock in America

    23 days ago - By Business Insider

    The Trump administration on Monday enacted a 10% duty on another $200 billion worth of Chinese products.
    That is in addition to $50 billion worth of import taxes already enacted.
    Economists say washing machine prices, which have risen sharply under tariffs this year, serve as a case study for the latest round of trade barriers.
    As the trade war between Washington and Beijing escalates, price tags on washing machines may offer a glimpse of what's ahead for American consumers.
    Another round of tariffs on Chinese imports takes effect Monday, bringing the total value of affected products to...
    Read more ...

     

  • Stock markets fall on trade war pessimism, oil rallies

    Stock markets fall on trade war pessimism, oil rallies

    23 days ago - By Reuters

    Stock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply.
    Read more ...

     

  • Trump's Tariffs May Hurt, but Quitting China Is Hard to Do

    23 days ago - By NY Times

    Companies are reconsidering where to put their factories as the trade war mounts, but few places can match China's convenience and reliability.
    Read more ...

     

  • China reached into the U.S. heartland in its escalating trade war over

    23 days ago - By AG Web

    China reached into the U.S. heartland in its escalating trade war over President Donald Trump's tariffs, using an advertising supplement in Iowa's largest newspaper.
    Read more ...

     

  • Chinese tech stocks are getting slammed after China accused the US as a trade bully and canceled trade negotiations

    Chinese tech stocks are getting slammed after China accused the US as a trade bully and canceled trade negotiations

    23 days ago - By Business Insider

    China, on Monday, accused the US of being a trade bully and attacked the "protectionist" practices of the Trump administration, hours after a new round of tariffs against went into effect.
    China canceled trade talks with the US that were planned for the coming days.
    Chinese tech stocks dropped on the news.
    Watch Alibaba , iQiyi , JD.com , Baidu.com , Pinduoduo, Nio trade in real time here.
    Chinese tech stocks are sliding after China accused the US of being a trade bully, and said it won't heading to the negotiating table if the Trump administration continues its threat of higher...
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  • Global stocks slip after US and China impose new tariffs

    23 days ago - By Chron

    NEW YORK - Global stocks are slipping Monday after the U.S. and China officially placed new tariffs on each other's goods. China also reportedly pulled out of a meeting to discuss further trade talks. Oil prices are climbing after OPEC decided not to produce more oil. Several major deals announced over the weekend. Cable and internet company Comcast outbid Twenty-First Century Fox and won an auction for British pay TV company Sky, but Comcast shares are seeing the biggest decline on the S&P 500.
    KEEPING SCORE: The S&P 500 index fell 9 points, or 0.3 percent, to 2,920 as of 10:10 a.m...
    Read more ...