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tariffs

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May 09

Who pays for Trump’s tariffs on China?

By Gretchen Frazee

Multiple studies on the effects of tariffs show they can hurt China’s economy, but American consumers and businesses bear much of the cost.

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May 09

Stocks tumble around world as U.S.-China trade deadline approaches

By Stan Choe, Associated Press

Tensions between the world's two largest economies are dragging down stocks from Mumbai to Milan as a deadline of 12:01 a.m. Eastern time Friday approaches, when the U.S. said it would impose more tariffs on Chinese goods.

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May 09

China vows to retaliate if Trump raises tariffs

By Joe McDonald, Associated Press

Beijing gave no details but said it will impose "necessary countermeasures" if the tariff increases Trump has threatened take effect Friday.

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May 07

Tariffs will send U.S. tomato prices soaring, Mexico says

By Associated Press

U.S. consumers could pay 38 percent to 70 percent more for tomatoes after the U.S. Commerce Department announced it would re-impose anti-dumping duties on Mexican imports, according to Mexico's Economy Department.

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May 07

China economy czar to attend trade talks despite Trump’s tariff threats

By Joe McDonald, Associated Press

The decision to have Vice Premier Liu He take part in talks might keep alive hopes the two biggest global economies could make peace as early as this week.

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May 06

U.S. says higher tariffs will hit China on Friday

By Associated Press

U.S. Trade Representative Robert Lighthizer accused Beijing of "reneging on prior commitments" after 10 rounds of high-stakes negotiations over China's aggressive drive to supplant American technological dominance.

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May 06

U.S. plans to hike tariffs Friday, saying China broke promises

By Paul Wiseman, Joe McDonald, Associated Press

By threatening to raise taxes on Chinese imports, President Donald Trump is throwing down a challenge to Beijing: Agree to sweeping changes in China's government-dominated economic model — or suffer the consequences.

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Apr 09

U.S. wants new tariffs on EU goods to counter Airbus subsidies

By Carlo Piovano, Associated Press

The United States released a list of $11.2 billion worth of EU goods — from airplanes to Gouda cheese and olives — that it could tax.

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Apr 04

Trump threatens tariffs on cars from Mexico

By Jill Colvin, Associated Press

"If Mexico doesn't give the help, that's OK. We're going to tariff their cars coming into the United States," Trump said.

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Mar 28

New round of U.S.-China trade talks set to begin in Beijing

By Joe McDonald, Associated Press

The meetings are the latest in a rapid-fire series of exchanges seeking to end the conflict that is disrupting trade in goods from soybeans to medical equipment.

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