China, Trump
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CBS News |
President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China if the Asian nation doesn't withdraw its plan to impose a retaliatory 34% import fee on American produ...
Reuters |
U.S. President Donald Trump said on Monday he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States.
Reuters |
Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S. Treasury yields rebounded.
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A prolonged U.S.-China trade war would be very costly and put the global economy at risk, analysts say, and it’s easy to see why: The two countries are very dependent upon each other.
In my judgment, this modification is necessary and appropriate to effectively address the threat to the national security and economy of the United States,” Trump said.
The new tariff matches the rate of the U.S. "reciprocal" tariff of 34% on Chinese exports Trump ordered this week.
Stocks plunged on Thursday in response to President Donald Trump's "reciprocal tariffs." While the president had telegraphed his desire for punitive tariffs to try to balance the trade deficit the U.S.
Speaking to reporters Sunday on Air Force One, President Donald Trump defended his new global tariffs with a familiar series of false claims about tariffs and trade.
China says that its export controls on rare earths will not affect the stability of the international supply chain, according to a statement from the China Nonferrous Metals Industry Association on Sunday.
China announced Friday that it will impose a 34% tariff on imports of all US products beginning April 10. The new tariff matches the rate of the US “reciprocal” tariff imposed by US President Trump this week.
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Regtechtimes on MSNApple Moves Billions in Products from China and India to Shield U.S. Supply Chain from Tariff ShockApple flew large batches of iPhones and other products from India and China to the United States during the last week of March. This sudden rush wasn’t part of any new launch or product demand. Instead,