Asia, Rubio and Trump
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Trump, Tariff
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9hon MSN
Elizabeth Economy of the Hoover Institution says Trump's tariffs policy has been 'political gamesmanship', with no real substance at this stage.
China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains.
As US President Donald Trump wages a trade war across the globe, a new target has come into his line of fire: the BRICS group of emerging major economies.
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.
The letters listed a range of tariffs. Goods entering the U.S. from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia will be subject to a 25 percent levy. There will be a 30 percent levy on South African and Bosnian goods, while imports from Indonesia will be subject to a 32 percent rate.
An indicator of copper import demand in top consumer China jumped 38% on Wednesday, suggesting robust appetite for the metal, after U.S. President Donald Trump's plans for a 50% import tariff drove down benchmark prices in London.
President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,
U .S. trading partners are weighing responses after President Donald Trump’s latest action on tariffs sparked a stock market selloff Monday.
Fast Retailing - owner of Japanese fashion giant Uniqlo - is forecasting record sales but has conceded that tariffs will take a bite from profits and prompt price rises.
President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.