China, Trump and tariffs
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If China continues to retaliate, it's not good for China.
From Fox Business
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday.
From HuffPost
We hear from Everett Eissenstat, an international economics adviser in the first Trump White House, and Natasha Sarin, who advised Janet Yellen when she was Treasury Secretary.
From BBC
Read more on News Digest
President Donald Trump is happy to talk about the financial markets when they’re rising, as they were on Wednesday, but when markets were falling Thursday in the aftermath of his remarkable turnabout on tariffs,
Most of the nations where Trump has properties are seeking negotiated settlements rather than retaliating against the U.S.
Shares on Wall Street staged a massive rally on Wednesday, after US President Donald Trump paused higher tariffs on most of the world, while raising levies on China. Here's a reminder of how shares performed in the region yesterday:
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China raised tariffs on U.S. goods to 125% after Trump hiked duties to 145%, intensifying a trade war. Follow Newsweek's live blog.
President Donald Trump has launched tariff wars with almost all of America’s trading partners. And his track record of on-again, off-again new levies continued Wednesday with a 90-day pause for most nations targeted by the latest volley of import taxes.
The president's global raft of tariffs was dubbed "worse than the worst-case scenario" by experts, but the most alarming parts of the plan were delayed on April 9.
Toy giants Mattel and Hasbro have seen their stocks battered by President Donald Trump's escalated trade war with China.
In the aftermath of Wednesday’s tariff whiplash, President Donald Trump is deciding exactly what he wants out of trade talks with as many as 75 nations in the coming weeks.