China, Trump and its tariffs
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China raised its total retaliatory tariff on U.S. imports to 125% today after the Trump administration clarified yesterday that U.S. duties on Beijing are actually 145% because of earlier fentanyl-rel...
From NBC News
China has hiked tariffs on U.S. goods to 125% and called more American hikes impractical and a "joke in the history of the world economy."
From Yahoo
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Trump, Tariffs and Costs
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Impacts
Imports from China have been hit with tariffs of 145 percent.
From The New York Times
“Can the U.S. produce what China, or Yiwu is producing now? Ordinary people are the ones who will get hurt the most by the tariffs," she said.
From U.S. News & World Report
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U.S. stocks rose on Friday as Wall Street ended a roller-coaster week amid a trade war involving tariffs started by the United States. Investors expressed optimism after the White House said it was in favor of a trade idea with China.
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.
1don MSN
The tariff fight between the world’s two largest economies has spiraled into greater peril. President Donald Trump is now trying to narrow his global trade war into a risky direct faceoff with Beijing.
1hOpinion
The New Republic on MSNFive Big News Stories You Missed During Trump’s Tariffs WhiplashWhile President Donald Trump threw the economy into mayhem this week with his tumultuous back-and-forth tariff scheme, plenty of chaos ensued in other realms.
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The Trump administration has given a variety of reasons and mixed messages for ratcheting up the tariffs charged on goods coming into the United States.
President Donald Trump increased the tariffs on goods from China, setting off retaliatory tariffs. Here are the top items China imports from the US.
French Prime Minister Francois Bayrou said it was naive and dangerous to think China could replace the United States as a trade partner, and urged European Union (EU) members to stick together in the current climate of global trade tensions.
For Taiwan, even low levels of Trump’s tariffs are causing chaos, and a fundamental reconsideration of energy and foreign policy. This is a problem for America.
Epaulet owner Eva Kuhle says the White House's tariff policies are undermining domestic manufacturing.
One of Spain's leading olive oil producers is pondering an expansion into the U.S. in response to the tariff war unleashed by Washington, just as its peers are rushing out exports while the bulk of new tariffs are still on hold.
While Trump announced a 90-day pause on the steep tariffs he placed on several countries last week, the president maintained the universal 10% levy he set across the board. And in addition to that, the import tax on Chinese goods now stands at 145%, Brooks Johnson reports.