Jun 15 China announces penalties of 'same scale' to retaliate for U.S. tariffs By Associated Press China's government also said it is scrapping deals made with Washington in talks aimed at defusing a sprawling trade dispute. Continue reading
Jun 15 Trump administration announces tough U.S. tariffs on $50 billion in Chinese imports By Paul Wiseman, Associated Press The Trump administration is announcing a 25 percent tariff on $50 billion worth of Chinese imports, escalating a trade dispute between the world's two largest economies. Continue reading
Jun 03 China warns U.S. trade deals off if tariffs go ahead By Joe McDonald, Associated Press BEIJING — China warned Sunday after another round of talks on a sprawling trade dispute with Washington that any deals they produce "will not take effect" if President Donald Trump's threatened tariff hike on Chinese goods goes ahead. The warning… Continue reading
Jun 01 Watch 3:48 News Wrap: Iowa judge blocks nation's most restrictive abortion law In our news wrap Friday, a judge in Iowa blocked the country's most restrictive abortion law from taking effect, which would ban most abortions once a fetal heartbeat is detected. Also, President Trump kept up the pressure a day after… Continue watching
May 31 Watch 5:40 Trump tariffs are lose-lose for U.S. and EU, ambassador says Relations between the U.S. and Europe took another hit Thursday when Commerce Secretary Wilbur Ross said the Trump administration would impose tariffs on European steel and aluminum. European Union Ambassador to the U.S. David O'Sullivan joins John Yang to discuss… Continue watching
May 31 Specter of trade war after U.S. tariffs on EU, Mexico, Canada By Ken Thomas, Paul Wiseman, Associated Press WASHINGTON — The Trump administration announced Thursday it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada after failing to win concessions from the American allies. Europe and Mexico pledged to retaliate quickly, exacerbating trans-Atlantic and… Continue reading
May 10 Watch 7:26 How American populism is reshaping economic policy By Paul Solman If President Trump has had one consistent message since the beginning of his campaign, it's that America is getting a raw deal in the global economy. Policy changes like import tariffs and reworking NAFTA, and the people who support them,… Continue watching
May 08 Facing threat of tariffs, China buyers cancel orders for U.S. soybeans By Christopher Rugaber, Dake Kang, Associated Press With the threat of tariffs and counter-tariffs between Washington and Beijing looming, Chinese buyers are canceling orders for U.S. soybeans, a trend that could deal a blow to American farmers if it continues. Farmers in China are being encouraged to… Continue reading
May 02 Our cheat sheet to U.S. tariffs By Lisa Desjardins The average U.S. tariff for all imported goods is 1.4 to 1.6 percent. Continue reading
May 01 Watch 6:58 News Wrap: U.S. delays steel and aluminum tariff decisions In our news wrap Tuesday, the Trump administration gave itself another 30 days to decide whether to impose tariffs on foreign steel and aluminum from key U.S. allies. It granted the extension to the European Union, Canada and Mexico. Also,… Continue watching