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Stories tagged: tariffs

UPDATED: Tue., April 10, 2018, 4:46 p.m.

China president’s conciliatory trade gesture raises optimism

Investors and China watchers welcomed President Xi Jinping’s pledge Tuesday to open his country’s market wider to foreign competition, hoping it will ease a trade dispute with Washington that has …

Stocks dive as U.S. proposes more China tariffs; Dow falls 620

Another increase in trade tensions has stocks falling sharply Friday as the U.S. considers an even larger set of tariffs on imports from China and the two countries exchange pointed …

UPDATED: Fri., April 6, 2018, 8:03 a.m.

China vows to ‘counterattack’ U.S. as trade spat worsens

China’s government vowed Friday to “counterattack with great strength” if President Donald Trump goes ahead with plans to raise U.S. tariffs on an additional $100 billion worth of Chinese goods …

UPDATED: Thu., April 5, 2018, 6:15 p.m.

McMorris Rodgers: Trump should listen to Washington wheat farmers on tariffs

The congresswoman urged President Donald Trump to listen to the concerns raised by wheat farmers over the inclusion of their crop on a list of American agricultural products subject to …

UPDATED: Wed., April 4, 2018, 8:22 p.m.

Region’s wheat growers wary of Chinese tariffs in response to Trump trade moves

China’s inclusion of U.S. wheat in its plans for retaliatory tariffs based on pledges by the Donald Trump administration has drawn concerns from the region’s wheat producers, who are already …

U.S. proposes tariffs on $50 billion in Chinese imports

The Trump administration on Tuesday escalated its aggressive actions on trade by proposing 25 percent tariffs on $50 billion in Chinese imports to protest Beijing’s alleged theft of American technology.

UPDATED: Mon., April 2, 2018, 3:25 p.m.

U.S. vs. China: a ‘slap-fight,’ not a trade war. So far

On Wall Street, the stock market buckled on the prospect of an all-out trade war between the world’s two biggest economies. But it hasn’t come to that – not yet, …

UPDATED: Sun., April 1, 2018, 9:28 p.m.

China imposing new tariffs on U.S. meat, fruit, other products

China says it’s rolling out new tariffs on U.S. meat, fruit and other products as retaliation against taxes approved by President Donald Trump on imported steel and aluminum.

UPDATED: Sat., March 31, 2018, 9:08 p.m.

Trump’s call for tariffs creating anxiety in the Farm Belt

In Sioux County, where swine barns interrupt the vast landscape of corn-stubbled fields, exports of meat, grain and machinery fuel the local economy. And there’s a palpable sense of unease …

China ‘open’ to talks with U.S. amid spiraling tariff spat

China’s government said Monday it is open to negotiating with Washington amid a spiraling tariff dispute following a news report American officials have submitted a list of market-opening requests.

UPDATED: Sat., March 24, 2018, 1:59 p.m.

Why Trump’s latest steps heighten risk of a global trade war

President Ronald Reagan once likened trade wars to the pie fights in old Hollywood comedies. One pie in the face leads to another. And then another. Suddenly, the world’s financial …

China tells U.S. it will defend interests after Trump tariffs

China’s newly appointed economic czar told U.S. Treasury Secretary Steven Mnuchin on Saturday that Beijing is ready to defend its interests after President Donald Trump announced plans to slap tariffs …

Trump tariffs undermine trust in rules-based global commerce

The Trump administration’s move to impose tariffs on countries like China undermines the rules-based system of global commerce that the United States itself helped create after World War II, experts …

EU deplores U.S. tactics in negotiating tariffs

European Union leaders vented their frustration Friday that they only obtained a temporary exemption to U.S. tariffs on steel and aluminum and argue the measure should never have applied to …

UPDATED: Fri., March 23, 2018, 1:12 p.m.

China targets $3 billion of U.S. goods in tariff spat

China announced a $3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded Friday for a bigger battle over technology policy …

China may hike tariffs on U.S. pork, aluminum, other goods

China announced a list of U.S. goods including pork, apples and steel pipe on Friday on which it might raise tariffs in an escalating trade dispute with President Donald Trump.

UPDATED: Thu., March 22, 2018, 8:57 p.m.

Asian shares slump on fears of trade war between US, China

Asian stock markets slumped Friday after Beijing responded to the Trump administration’s tariff hikes by saying it may order higher import duties on a range of U.S. goods, ratcheting up …

UPDATED: Thu., March 22, 2018, 11:32 a.m.

Trump to ‘pause’ looming metal tariffs for some countries

The European Union, Australia, Argentina, Brazil and South Korea are among the nations that will get an initial exemption from looming steel and aluminum tariffs from the Trump administration, U.S. …

Trump targets China as US businesses await backlash

Farmers, electronics retailers and other U.S. businesses are bracing for a backlash as President Donald Trump targets China for stealing American technology or pressuring U.S. companies to hand it over.

UPDATED: Fri., March 16, 2018, 2:38 p.m.

Trump’s possible China tariffs bring loud protests – in U.S.

President Donald Trump is considering sweeping tariffs on imports from China, with an announcement possible as early as next week. And that has industry groups and some lawmakers scrambling to …

EU releases list of U.S. products that could face duties

The European Union on Friday published a list of U.S. products it plans to introduce duties on if the 28-nation bloc is not exempted from President Donald Trump’s steel and …

UPDATED: Thu., March 15, 2018, 4:50 p.m.

U.S. Chamber of Commerce warns Trump against China tariffs

America’s largest business lobby is warning President Donald Trump against slapping big tariffs on Chinese imports.

Tariffs lift hopes for jobs in American mill towns

In the heart of America’s diminished steel country, support for President Donald Trump’s tariffs on imports is broad and bipartisan. It is tempered, though, by a strong streak of realism.

China says no to US trade war, but vows to defend interests

China said Sunday that it would not initiate a trade war with the United States, but vowed to defend its national interests in the face of growing American protectionism.

UPDATED: Sat., March 10, 2018, 2:08 p.m.

Trump tariffs may imperil a delicate global economic rebound

President Donald Trump’s announcement Thursday that the United States would impose heavy tariffs on imported steel and aluminum – with some countries potentially exempted – suddenly raised a fear that …

UPDATED: Fri., March 9, 2018, 9:53 a.m.

U.S. trading partners, businesses say tariffs will backfire

The Trump administration’s decision to impose tariffs on aluminum and steel imports drew warnings Friday from businesses and U.S. trading partners that the measure could backfire, provoking a trade war …

Noah Smith: Trump’s tariffs look like a self-inflicted wound

“Trade wars,” President Donald Trump recently declared, “are good, and easy to win.” But it’s questionable whether the president’s proposed tariffs – a tax of 25 percent on imported steel …

UPDATED: Thu., March 8, 2018, 6:48 p.m.

Eleven nations sign Pacific trade pact as U.S. plans tariffs

Trade ministers from 11 Pacific Rim countries signed a sweeping free trade agreement Thursday to streamline trade and slash tariffs on the same day that President Donald Trump was expected …

UPDATED: Thu., March 8, 2018, 9:57 p.m.

Trump orders stiff trade tariffs, unaffected by grim warnings

Unswayed by Republican warnings of a trade war, President Donald Trump ordered steep new tariffs on steel and aluminum imports to the U.S. on Thursday, vowing to fight back against …

UPDATED: Wed., March 7, 2018, 5:26 p.m.

Icahn denies prior knowledge of Trump’s steel tariffs before selling stock

Billionaire investor Carl Icahn denied having prior knowledge of President Donald Trump’s plans to impose tariffs on imported steel and aluminum before he sold about $31 million of stock in …