Posts in tag

Tariffs


Trade disputes spilled into the open, even with a new friend. After Trump appeared to soften his stance on China tariffs, aides swooped in to explain he wasn’t backing down. Privately, American officials griped the yearly gathering is being orchestrated to isolate the United States. Aides to other leaders shrugged off the accusation, saying Trump’s …

China has unveiled retaliatory tariffs against about $75bn (£60bn) worth of US goods, putting up to 10% on top of existing rates in the latest tit-for-tat in the dispute between the world’s top two economies. The salvo from China on Friday comes after the US unveiled tariffs on an additional $300bn of Chinese goods, including …

(Image credit: Tesla) Walmart has linked a string of store fires in recent years to Tesla’s alleged mismanagement of solar panel installation and maintenance, taking Elon Musk’s outfit to court. A new lawsuit from the US retail colossus demands damage payments by Tesla and the removal of solar panels across all store locations, amid claims …

Trade advisers to President Trump ostensibly appealed to his softer side, suggesting that he delay planned tariffs on China that could “ruin Christmas.” The president’s aides reportedly came to him last week with a plea to delay the tariff imposition on China that could hike the price of popular retail products produced in China. They …

It was a tactic that worked: Trump announced the tariffs would be delayed until December 15. It was one back-down amid a grueling trade war that Trump insists will eventually benefit Americans — and will demonstrate his toughness on China. And while it caused markets to soar on Tuesday, the gains were erased a day …

Thomas Heath Local business reporter and columnist, writing about entrepreneurs and companies in the Washington metropolitan area August 14 at 9:40 AM U.S. stocks plummeted Wednesday after the inverted yield curve, one of the most reliable indicators of a recession, sparked a new wave of investor fears. For the first time since 2007, the yields …

President Donald Trump on Tuesday said that he was delaying some tariffs on Chinese imports ahead of the Christmas season to stem their potential impact on holiday shopping. The Trump administration announced hours earlier that it would delay until Dec. 15 some of the tariffs that were originally scheduled to come into effect on Sept. …

“What really does set this list of products apart from all of the earlier tariffs are it’s basically consumer goods,” said Chad Bown, a trade analyst at the Peterson Institute for International Economics. “It’s clothing, and toys, iPhones.” John Minchillo/AP hide caption toggle caption John Minchillo/AP “What really does set this list of products apart …

“Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional tariff of 10% on the remaining 300 billion dollars of products coming from China into our country,” he tweeted. The new tariffs could hit US consumers harder than the earlier rounds. It would tax goods like …

President Donald Trump said Thursday the U.S. is putting 10% tariffs on $300 billion worth of Chinese goods, effective Sept. 1. “Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from …