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 Watch 4:45 How the global trade wars could affect personal finances of Americans By Amna Nawaz, Karina Cuevas Amid a roller coaster week for the stock market, we're taking a look at how the global trade wars could affect personal finances in the U.S. Amna Nawaz spoke with Michelle Singletary, personal finance columnist for The Washington Post. Continue watching
Apr 09 WATCH: Trump says he had been thinking of making tariff pause for ‘last few days’ By Associated Press President Donald Trump gave a muddled answer when he was asked by a reporter Wednesday about when he arrived at the decision to pause the tariffs on most countries for 90 days. Continue reading
Apr 09 U.S. stocks shoot to historic gains after Trump pauses most of his tariffs By Stan Choe, Associated Press The S&P 500 surged 9.5%, an amount that would count as a good year for the market. It had been sinking earlier in the day on worries that Trump’s trade war could drag the global economy into a recession. But… Continue reading
Apr 09 WATCH: ‘This is amateur hour.’ Rep. Horsford blasts U.S. trade rep after Trump tariff pause By Molly Finnegan U.S. Trade Representative Jamieson Greer was in the middle of his testimony before the House Ways and Means Committee when President Donald Trump announced that he was pausing his new tariffs on most nations for 90 days. Continue reading
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 09 U.S stocks jump as Trump announces pause on some tariffs By Stan Choe, Associated Press The S&P 500 rose 0.3% Wednesday after swinging between a loss of 0.5% and a gain of 1.4%. Continue reading
Apr 09 WATCH: U.S. Trade Representative Jamieson Greer testifies on Trump trade policy By Stephen Groves, Associated Press In a Senate hearing and interviews with reporters this week, Republican skepticism of President Donald Trump's agenda reached a level unseen since he won the GOP presidential nomination last year. 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