Trump, China and Tariffs
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Reuters |
Trump's "reciprocal" tariffs on dozens of countries were set to take effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negoti...
The New York Times |
The added tariffs would bring the total taxes that Trump has imposed on Chinese imports since he came into office to 104 percent.
BBC |
Beijing shot back, saying that "pressuring or threatening China is not a right way to engage".
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Follow here for live updates and news on fallout in the financial markets from President Donald Trump's announcement last week on tariffs for all countries.
Second-ranked cryptocurrency Ether led a fresh wave of selling in digital assets as US President Donald Trump insisted on pushing ahead with 104% tariffs on many Chinese goods, dimming hopes that a brutal trade war might be avoided.
A group financed by billionaire Charles Koch and conservative legal activist Leonard Leo sued Donald Trump for imposing tariffs on Chinese imports.
President Donald Trump threatened to add new tariffs on China if Beijing doesn’t remove its retaliatory duties by today. Follow live news updates as countries and the stock market react to Trump’s tariff moves.
Trump's tariff plans are sending stocks tumbling and sparking fears of a global economic downturn. Follow along for live updates on the Dow Jones Industrial Average, Nasdaq and S&P 500.
President Trump says the goal of his tariffs − resuscitating U.S. manufacturing's glory days − will be worth the turmoil. Experts are skeptical.
Taken at face value, Trump’s strategy is designed to respond to the hollowing out of US industrial heartlands by the flight of low-cost jobs overseas. He’s not the first president to try this, and there were signs in the Biden administration that manufacturing was rebounding.