Steel tariffs hurt manufacturers downstream, data shows
So far, the job losses created by putting these steel-using industries at risk appear to be substantial, and well in excess of any jobs that may have emerged in the steel-production industry as a result of the tariffs.
China welcomes preliminary deal in trade war it blames on US
Chinese experts and news media joined government officials in saying the deal would reduce uncertainty for companies, at least in the short term. They remained cautious, saying both sides will have to show a willingness to compromise to resolve the…
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Why U.S. and China are still ‘very far away’ from ending trade war
On Friday, the Trump administration and China announced the first phase of a deal to de-escalate the trade war between the world’s two largest economies. But the agreement, positioned by the White House as a major victory, has prompted many…
Xi says Beijing wants trade deal, but willing to ‘fight back’
“As we always said we don’t want to start the trade war, but we are not afraid,” Xi said.
Trump's pushback suggested that negotiations haven't progressed as far as hoped as the world's two biggest economies struggle to negotiate an end to their trade war.
After enjoying a brief tariff-induced sugar high last year, American steelmakers are reeling.
The details of Trump's trade agreements are key to whether they actually benefit U.S. producers and whether they come to fruition at all.
China's economic growth slipped to 6% in the three months ending in September, down from the previous quarter's 6.2%.
The tariffs that are already in place and the threat of a renewed escalation present enormous costs to Americans.
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