Government, Business

What Happens to Markets if US Tariffs on China Kick in Dec. 15

China Tariffs Andrew Harrer/Bloomberg News

President Donald Trump’s latest missives on trade are a wake-up call to markets close to record highs that a major deadline is looming with China.

December 3, 2019
Government, Business

European Commission President: US Auto Tariffs Not Expected

Steel Factory A worker moves steel coils at the Thyssenkrupp steel factory in Duisburg, Germany. (Martin Meissner/Associated Press)

BERLIN — Outgoing European Commission President Jean-Claude Juncker says he does not think U.S. President Donald Trump will impose new tariffs targeting European automobiles.

November 8, 2019
Government, Business

China Ties Agriculture Binge to Trump Reducing US Tariffs

China's agriculture binge due to tariffs. Truck driver Bob Prince monitors harvested soybeans as they are loaded onto a truck in Princeton, Ill. (Daniel Acker/Bloomberg News)

Beijing wants a rollback in tariffs in its trade war with the U.S. before China can feasibly agree to buy as much as $50 billion of American agriculture products that President Donald Trump claims are part of an initial deal, people familiar with the matter said.

October 15, 2019
Government, Business

Chinese Tariffs Hit US Car Sales, Jobs in Trade-Heavy Counties

Cars sit on a dealership lot A row of Nissan Motor Co. Altima vehicles sit on the lot at Thomas Nissan in Joliet, Ill. on Oct. 2, 2019. (Daniel Acker/Bloomberg News)

In the trade war with the U.S., China’s tariffs have targeted agricultural goods for a couple main reasons: They make up a large proportion of U.S. exports to China, but also because they strike at the heart of President Donald Trump’s base of support in farm country.

October 8, 2019
Government, Business

US to Put Tariffs on European Planes, Whiskey After WTO Ruling

Airplane Krisztian Bocsi/Bloomberg News

President Donald Trump got the go-ahead from the World Trade Organization to impose tariffs on as much as $7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus. The award is the largest in WTO history.

Bryce Baschuk | Bloomberg News
October 3, 2019
Government, Business

EU Eyes $4 Billion Tariff Strike to US

President Donald Trump President Donald Trump (Al Drago/Bloomberg News)

The European Union is weighing an aggressive new approach to its trade dispute with the U.S., signaling a willingness to engage in the combative tactics embraced by President Donald Trump and risking a further deterioration in transatlantic relations.

September 25, 2019
Government, Business

China to Lift Punitive Tariffs on US Soybeans, Pork

Trader in foreground, Trump, Xi on screen A currency trader at KEB Hana Bank headquarters in Seoul works while a computer screen shows images of Xi and Trump. (Ahn Young-joon/AP)

BEIJING — China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Sept. 13, adding to conciliatory gestures by the two sides ahead of negotiations.

Joe McDonald | Associated Press
September 13, 2019
Government, Business, Technology

Trump Advisers Consider Interim China Deal to Delay Tariffs

President Donald Trump President Donald Trump is set to meeting with Chinese officials in the coming weeks in Washington. (Associated Press/Evan Vucci)

Trump administration officials have discussed offering a limited trade agreement to China that would delay and even roll back some U.S. tariffs for the first time in exchange for Chinese commitments on intellectual property and agricultural purchases, according to sources.

September 12, 2019
Government, Business, Technology

US, China Exchange Goodwill Gesture Ahead of Trade Talks

Soybeans in farmers' hands China's government says its importers are inquiring about prices for American soybeans and pork in a possible goodwill gesture ahead of talks aimed at ending a tariff war with Washington. (Associated Press/Jim Mone)

WASHINGTON — The United States and China traded conciliatory gestures, raising hopes they can de-escalate a standoff over trade that has shaken financial markets and cast gloom over the global economy.

Joe McDonald and Paul Wiseman | Associated Press
September 12, 2019
Government, Business

Federal Reserve Finds Wide Tariff Anxiety

Tariffs Justin Sullivan/Bloomberg News

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.

Alex Tanzi | Bloomberg News
September 5, 2019