Apr 22 Trade war with China is not ‘sustainable,’ Treasury Secretary Bessent says By Josh Boak, Fatima Hussein, Associated Press In a private speech in Washington for JPMorgan Chase, Bessent cautioned that talks between the United States and China had yet to formally start. Continue reading
Apr 16 Trump to join his top economic advisers for trade negotiations with Japan at the White House By Darlene Superville, Mari Yamaguchi, Associated Press The Republican president said in a social media post that he’ll attend the meeting alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick who have a central role in his trade and tariff policies. Continue reading
Apr 15 Watch 7:37 China cuts exports of vital rare earth minerals as trade war with U.S. intensifies By Nick Schifrin, Dan Sagalyn China’s leader is touring Southeast Asia and portraying Beijing as the anchor of world economic stability. Xi Jinping’s efforts come after the U.S. levied a blanket 10 percent tariff on goods coming in and steeper rates on China. Beijing is… Continue watching
Apr 15 Xi suggests China is a source of ‘stability and certainty’ as he tours Southeast Asia By Huizhong Wu, Associated Press China’s Xi is making the case for free trade as he tours Southeast Asia this week, presenting China as a source of “stability and certainty.”… Continue reading
Apr 14 Watch 8:02 Confusion over electronics tariffs injects more uncertainty into economy By William Brangham, Courtney Norris, Azhar Merchant, Solveig Rennan The escalating trade war between the U.S. and China is continuing to inject uncertainty into the world’s two largest economies. Over the weekend, President Trump and top trade officials added to the confusion, carving out exemptions for tariffs on electronic… Continue watching
Apr 14 Stocks rally worldwide after Trump eases some electronics tariffs By Stan Choe, Associated Press Apple and other technology companies helped lift Wall Street after Trump said he was exempting smartphones, computers and other electronics from some of his stiff tariffs, which could ultimately more than double prices for U.S. customers of products coming from… Continue reading
Apr 14 Trump considers pausing his auto tariffs to give carmakers more time By Josh Boak, Michael Liedtke, Associated Press When Trump announced the 25 percent auto tariffs on March 27, he described them as “permanent.” His hard lines on trade have become increasingly blurred as he has sought to limit the possible economic and political blowback from his policies. Continue reading
Apr 14 What we know now that Trump has paused tariffs on electronics By Wyatte Grantham-Philips, Associated Press Commerce Secretary Howard Lutnick later said that this was only a temporary reprieve — telling ABC's "This Week" on Sunday that electronics will be included under future sector-specific tariffs on semiconductor products, set to arrive in "probably a month or… Continue reading
Apr 14 China’s Xi says no winners in tariffs and trade war during Southeast Asia visit By Huizhong Wu, Aniruddha Ghosal, Associated Press Xi reiterating China's commitment to global trade in contrast with U.S. President Donald Trump's latest tariffs moves. Continue reading
Apr 13 Watch 4:30 How China is responding to pressure from Trump as trade war brews By John Yang, Andrew Corkery, Gerard Edic The developing U.S.-China trade war keeps ratcheting up, with reports Sunday that China has suspended exports of rare earth minerals. Meanwhile, Commerce Secretary Lutnick said that the electronics the Trump administration exempted from reciprocal tariffs could be subject to different… Continue watching