Apr 10 Before Trump ramped up tariff threats, inflation was cooling By Christopher Rugaber, Associated Press Consumer prices rose just 2.4 percent in March from a year earlier, the Labor Department said Thursday. Economists warned that the data is mostly backward-looking and likely to be overtaken by the impact of the tariffs that President Donald Trump… Continue reading
Apr 10 China reaches out to other nations as Trump layers on tariffs By Christopher Bodeen, Associated Press China is reaching out to other nations as the U.S. layers on tariffs, in what appears to be an attempt by Beijing to form a united front to compel Washington to retreat. Continue reading
Apr 09 Watch 13:07 Trump pauses many of his tariffs but raises rate on China By Lisa Desjardins, Ryan Connelly Holmes, Amna Nawaz President Trump stunned many by pausing higher tariff rates on most other countries for 90 days. But the president raised tariffs on Chinese imports to 125 percent after Beijing retaliated overnight. This led to a historic day of rallies in… Continue watching
Apr 09 Watch 4:02 What tariffs and trade war threats mean for the U.S. footwear industry By Amna Nawaz, Diane Lincoln Estes In the United States, the vast majority of shoes sold are imported. That means tariffs are a real issue for the footwear industry. Amna Nawaz discussed more with Matt Priest, president and CEO of the Footwear Distributors and Retailers of… Continue watching
Apr 09 China raises tariff on U.S. goods to 84% and vows to ‘fight to the end’ By Huizhong Wu, Associated Press President Donald Trump has raised tariffs on China to 125%, hours after China boosted tariffs on American goods to 84% and vowed to “fight to the end.”… Continue reading
Apr 09 Trump backs down on most tariffs for 90 days but raises rate on Chinese imports to 125% By Josh Boak, Associated Press Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports. Continue reading
Apr 08 Watch 4:17 Global economies hang in the balance with Trump’s tariffs set to officially go into effect By Stephanie Sy, Eliot Barnhart Just hours before major new tariffs are set to kick in, President Trump and his team said he remains open to deals but generally would not back down from levies on goods from more than 80 countries. That includes a… Continue watching
Apr 08 Watch 6:28 Analyst breaks down China’s response to Trump’s trade war By Amna Nawaz, Dan Sagalyn For perspective on the growing trade war between the United States and China and the ripple effects it’s having, Amna Nawaz spoke with Elizabeth Economy. She served as the senior advisor for China in the Commerce Department during the Biden… Continue watching
Apr 08 Watch 8:04 Taiwan closely watches Ukraine war, fearing China could attempt a similar takeover By Nick Schifrin, Dan Sagalyn Ukrainian President Zelensky said troops in eastern Ukraine captured Chinese nationals fighting for Russia, a reminder of that war's global impact. Russia’s invasion has affected the thinking in Taiwan, which sees itself confronting a larger neighbor that challenges its sovereignty. Continue watching
Apr 08 WATCH: Meeting Panama’s president, Hegseth vows to take back Panama Canal ‘from China’s influence’ By Associated Press “The United States of America will not allow Communist China, or any other country to threaten the canal’s operation or integrity,” Defense Secretary Pete Hegseth said, speaking at a ribbon cutting at the Vasco Nuñez de Balboa Naval Base. Continue reading