Two Federal Studies Say Trade War With China Is Damaging US Economy
Even as the Trump administration is set to sign phase one of the trade agreement with China, consumers and American businesses continue to feel the impact of the U.S.-China trade war.
China Announces Tariff Cuts, More Competition in Markets
BEIJING — China will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development.
December 23, 2019Trump Approves U.S.-China Trade Deal to Halt Dec. 15 Tariffs
President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.
December 12, 2019What Happens to Markets if US Tariffs on China Kick in Dec. 15
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.
European Commission President: US Auto Tariffs Not Expected
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, 2019China Ties Agriculture Binge to Trump Reducing US Tariffs
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, 2019Chinese Tariffs Hit US Car Sales, Jobs in Trade-Heavy Counties
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, 2019US to Put Tariffs on European Planes, Whiskey After WTO Ruling
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.
EU Eyes $4 Billion Tariff Strike to US
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.
China to Lift Punitive Tariffs on US Soybeans, Pork
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.