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Stories tagged: tariffs


China announces $60B of U.S. goods for tariff retaliation

China on Friday announced a $60 billion list of U.S. goods including coffee, honey and industrial chemicals for retaliation if Washington goes ahead with its latest tariff threat.


Caterpillar staves off trade hit with boost to 2018 forecast

The world’s biggest machinery maker is proving resilient to a nascent global trade war that’s disrupting other companies from Alcoa to General Motors.


UPDATED: Mon., July 30, 2018, 9:08 p.m.

Soybean farmers are surviving trade war

Growers of soybeans – the single largest agricultural export to China, worth $12.4 billion – have largely escaped financial damage of the trade war thus far, raising questions about the …


Marc A. Thiessen: Trump is using tariffs to advance a radical free-trade agenda

Give President Trump credit. When he chastised NATO allies over their failure to spend adequately on our common defense, his critics said he was endangering the Atlantic alliance. Instead, his …


UPDATED: Sat., July 28, 2018, 10:39 a.m.

On trade policy, Trump is turning GOP orthodoxy on its head

President Donald Trump’s trade policies are turning long-established Republican orthodoxy on its head, marked by tariff fights and now $12 billion in farm aid that represents the type of government …


George F. Will: Protectionism proves that evidence is unpersuasive

If you are not collateral damage in the escalating trade wars, the bulletins from the wars’ multiplying fronts are hilarious reading. You are collateral damage only if you are a …


UPDATED: Wed., July 25, 2018, 1:41 p.m.

Trump to EU leaders: We want a ‘fair trade deal’

President Donald Trump told European leaders Wednesday that the U.S. wants a “fair trade deal” with the European Union as both sides sought to defuse tensions in an escalating trade …


UPDATED: Tue., July 24, 2018, 11:02 a.m.

Trump plans emergency aid to farmers affected by his tariffs

The U.S. readied a plan Tuesday to send billions in emergency aid to farmers who have been hurt by President Donald Trump’s trade disputes with China and other American trading …


CIA: China is waging a ‘quiet kind of cold war’ against US

China is waging a “quiet kind of cold war” against the United States, using all its resources to try to replace America as the leading power in the world, a …


Veronique de Rugy: What goes around comes around – tariffs stuck on the spin cycle

American firms cheering for protectionism in the form of tariffs on their foreign competitors should be careful what they wish for. As they say, “What goes around comes around.” Case …


Japan’s Abe: US auto tariffs will cost US jobs, harm economy

Japan’s Prime Minister Shinzo Abe warned the U.S. on Friday that higher tariffs on auto imports would backfire and harm not only America’s jobs and economy but also devastate the …


Trump ups tariff threat, slams Fed, big U.S. trading partners

President Donald Trump has indicated that he’s willing to hit every product imported from China with tariffs and again criticized the Federal Reserve, as well as some of the nation’s …


UPDATED: Wed., July 18, 2018, 1:25 p.m.

Frustrated lawmakers threaten action on Trump’s tariffs

Lawmakers are losing patience with the Trump administration’s reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs.


Lawmakers warn Trump tariffs threaten local newspapers

About a dozen members of Congress warned Tuesday that newspapers in their home states are in danger of reducing news coverage, laying off workers or going out of business if …


U.S. challenges China, EU and others at WTO over steel tariffs

The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization for retaliating against American tariffs on imported steel and …


China files WTO challenge to US $200B tariff plan

China announced it filed a World Trade Organization challenge Monday to President Donald Trump’s latest tariff threat, stepping up its diplomatic efforts to counter U.S. pressure in a spiraling technology …


Greg Sargent: Trump’s delusions are about to blow up in his own voters’ faces

With the exception of the big, beautiful wall that is already being built on the southern border (in President Donald Trump’s mind, anyway), the issue that taps most directly into …


Badger hair, frog legs among niche products on Trump’s tariff list

U.S. trade officials have invited you to comment on their latest list of proposed import tariffs covering 6,031 categories of items from China. They may get an earful, as the …


UPDATED: Tue., July 10, 2018, 5:16 p.m.

US proposes tariffs on $200 billion more in Chinese imports

The Trump administration is readying tariffs on another $200 billion in Chinese imports, ranging from burglar alarms to mackerel, escalating a trade war between the world’s two biggest economies.


U.S. tariffs take effect, China warns of ‘counterattack’

The United States hiked tariffs on Chinese imports Friday and Beijing said it would be forced to make a “counterattack” in a dispute between the world’s two biggest economies that …


UPDATED: Thu., July 5, 2018, 6:39 p.m.

Bluster aside, U.S. and China vulnerable to pain from tariffs

The U.S. and Chinese governments have been flashing a lot of bravado just before firing the first shots in a conflict that risks erupting into a mutually damaging trade war. …


UPDATED: Wed., July 4, 2018, 3:19 p.m.

U.S. companies in China think the government is already messing with them

American business leaders fear these are the “qualitative measures” China warned it would unleash if President Donald Trump imposed tariffs on its exports to the United States.


UPDATED: Tue., July 3, 2018, 7:54 p.m.

Trade war hangs over U.S. job market set for more gains in June

President Donald Trump’s global trade war is posing a growing risk to the kind of robust job gains that the U.S. probably enjoyed again in June.


China to cancel more U.S. soy shipments as extra tariffs loom

Chinese companies are expected to cancel most of the remaining soybeans they have committed to buy from the U.S. in the year ending Aug. 31 once the extra tariff on …


UPDATED: Mon., July 2, 2018, 10:30 p.m.

Agriculture Secretary Sonny Perdue endorses work requirements for food assistance

Congress is preparing to reconcile two versions of the farm bill, a sweeping piece of legislation renewed every five years that governs an array of agricultural and food assistance programs, …


UPDATED: Mon., July 2, 2018, 10:19 p.m.

U.S. Agriculture Secretary Sonny Perdue seeks to allay farmers’ trade concerns

U.S. Agriculture Secretary Sonny Perdue sought to assure Eastern Washington agriculture and forestry leaders on Monday that American farmers will not bear the brunt of an international trade war. But …


Canada tariffs on U.S. goods from ketchup to lawn mowers begin

Canada began imposing tariffs Sunday on $12.6 billion in U.S. goods as retaliation for the Trump administration’s new taxes on steel and aluminum imported to the United States.


UPDATED: Sat., June 30, 2018, 2:28 p.m.

Trump’s own tariffs make it harder to rebuild infrastructure

President Donald Trump wants to rebuild the nation’s transportation infrastructure. He also wants to strengthen the U.S. steel industry through tariffs on imports. But that second goal could make it …


UPDATED: Fri., June 29, 2018, 11:32 a.m.

Canada announces final list of retaliatory tariffs

Canada announced billions of dollars in retaliatory tariffs against the U.S. on Friday in a tit for tat response to the Trump administration’s duties on Canadian steel and aluminum.


UPDATED: Wed., June 27, 2018, 8:06 p.m.

Tariffs will drive car prices up ‘dramatically,’ AutoNation CEO says

Auto prices in the United States will rise “dramatically” if the Trump administration imposes tariffs, AutoNation Chairman and CEO Mike Jackson said Wednesday.