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Stories tagged: trade war


Trade war may mean higher prices at Gap

Gap Inc. says it doesn’t want to raise the price of your sweaters but, thanks to the trade war, it may have no other option.


UPDATED: Fri., Sept. 7, 2018, 7:34 p.m.

Trump says he’s ready to tax an additional $267B in Chinese imports

President Donald Trump said Friday that he’s prepared to impose tariffs on an additional $267 billion in Chinese imports. Such a step would significantly escalate his trade war with Beijing …


UPDATED: Tue., Aug. 7, 2018, 3:23 p.m.

Trump going ahead with taxes on $16B in Chinese imports

The Trump administration says it will go ahead with imposing 25 percent tariffs on $16 billion in Chinese imports.


UPDATED: Sun., Aug. 5, 2018, 9:05 p.m.

Trump’s trade war is killing American blue jeans

Lytvinenko was in Manhattan in late July for an apparel trade show. The annual trip was usually a fun excuse to catch up with customers or play ping pong over …


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, 6:19 p.m.

Fed is set to leave rates alone as trade war raises anxiety

The Federal Reserve will meet this week to assess an economy that has just enjoyed a healthy spurt of growth but faces a flurry of trade fights pushed by President …


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 …


GM sideswiped by trade war; cuts outlook as prices rise

General Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year.


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 …


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 …


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 …


China vows retaliation for $200 billion US tariff threat

China’s government vowed Wednesday to take “firm and forceful measures” as the U.S. threatened to expand tariffs to thousands of Chinese imports like fish sticks, apples and French doors, 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.


UPDATED: Mon., July 9, 2018, 4:06 p.m.

China could hurt U.S., even if it ran out of imports to tax

In its trade war with the U.S., China isn’t powerless to fight back once it runs out of American goods to penalize. It possesses a range of other weapons with …


Trump’s economic gamble: Solid job gains vs. risky trade war

From the safety of a resilient U.S. economy, President Donald Trump lit the fuse Friday on a high-risk trade war with China.


Cherries, apples, wheat: U.S.-China trade war could wilt growth in Washington farm exports

Thousands of Washington farmers who grow apples, cherries, pears and wheat now find themselves on the front lines of a battle between the two largest economies in the world.


How the trade war is changing minds in a Senate battleground

Jimmy Tosh’s sprawling hog farm in rural Tennessee is an unlikely battleground in the fight for control of the U.S. Senate.


UPDATED: Fri., July 6, 2018, 7:17 p.m.

U.S.-China trade war could drive prices up and growth down

The world’s two biggest economies fired the opening shots Friday in a trade war that could have wide-ranging consequences for consumers, workers, companies, investors and political leaders.


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 …


Dana Milbank: Trump says trade wars are ‘easy.’ Here come the first American casualties.

President Trump believes that “trade wars are good, and easy to win.” So he started one. Now the casualties are beginning to return home from the battlefield, and on Capitol …


From boat makers to farmers, U.S.-led tariff war inflicts pain

A brawl that the United States provoked with its closest trading partners is starting to draw blood. On Friday, the European Union began imposing tariffs on $3.4 billion in American …


UPDATED: Thu., June 21, 2018, 8:44 p.m.

Trump jabbed first, and now world hits back in trade fight

The United States attacked first, imposing tariffs on steel and aluminum from around the globe and threatening to hit tens of billions of dollars in Chinese products.


Upping ante, Trump threatens new tariffs on Chinese imports

President Donald Trump directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports Monday as the two nations moved closer to a potential trade war.


Robert J. Samuelson: Trump’s trade myths

You cannot understand President Trump’s so-called “trade war” without acknowledging that it’s mostly about politics and not about economics. Trump has embarked on a giant marketing campaign to convince us …


UPDATED: Tue., June 5, 2018, 8:36 p.m.

Apple growers brace for Mexican tariff

When Washington apples were caught in a 2010 trade dispute with Mexico, it cost growers $44 million.


From distillers to farmers, trade war would cause casualties

If a trade war is coming, the cheesemakers of Wisconsin are standing in the line of fire. So are the farmers of the Great Plains and the distillers of Kentucky. …


UPDATED: Fri., June 1, 2018, 7:42 p.m.

Going it alone: US alienates allies before taking on Beijing

The Trump administration’s decision to slap tariffs on its top allies could weaken Commerce Secretary Wilbur Ross’ hand as he landed in Beijing on Saturday to try to fend off …


UPDATED: Fri., May 25, 2018, 7:05 p.m.

Source: Trump administration has cut deal with China’s ZTE

The Trump administration has told Congress that it’s reached a deal that would allow Chinese telecommunications giant ZTE Corp. to stay in business, a source familiar with the talks who …


U.S. adds a modest 164,000 jobs; unemployment down to 3.9 pct.

U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy’s resilience amid the recent stock market chaos and anxieties about …