China announced Wednesday it plans to impose tariffs on $50 billion worth of U.S. goods in response to a similar package announced by the United States. The Chinese measures would boost tariffs by 25 percent on 106 U.S. products, including soybeans, aircraft and cars. China’s commerce ministry responded with its own measures less than 11 […]
WHITE HOUSE — U.S. President Donald Trump is expected to sign tariffs on steel and aluminum imports as early as Thursday, with some trading partners receiving temporary exemptions. White House officials said Mexico and Canada would get a 30-day exemption that could be extended. On Twitter Thursday, Trump said “We have to protect and build our […]
President Donald Trump threatened on Saturday to impose a tax on European cars if the European Union chooses to retaliate against his plans to place tariffs on imported steel and aluminum. In a tweet Saturday morning, Trump said the U.S. had an “$800 Billion Dollar Yearly” trade imbalance because of “very stupid” trade deals and […]
U.S. President Donald Trump’s threat to impose steep tariffs on steel and aluminum imports sparked concerns of a trade war Friday, with emerging markets trading lower and some world leaders threatening to take retaliatory measures. Japan’s Nikkei share average fell to a more than two-week low Friday. The Nikkei ended 2.5 percent lower at 21,181.64 […]