Aug 25 White House says Trump regrets not raising tariffs higher By Darlene Superville, Zeke Miller, Associated Press President Trump said Sunday that he had second thoughts about escalating the trade war with China, but the White House later reversed that message saying the president was misinterpreted and that his only regret in hiking tariffs is that he… Continue reading
Aug 24 China tariffs fuel Trump 'order' for firms to cut China ties By Zeke Miller, Associated Press President Donald Trump is threatening to use the emergency authority granted by a powerful, but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the… Continue reading
Aug 23 Watch 7:22 How trade war and Trump's rhetoric are further unsettling the economy The trade war between the U.S. and China escalated Friday, as China announced new tariffs on $75 billion of American goods. President Trump tweeted in response that American companies were “ordered” to find alternatives to China and that he would… Continue watching
Aug 23 Watch 3:41 As world leaders gather in France, how Trump has changed the G-7 Friday’s new turmoil around the U.S. economy and trade war with China is coming at an important moment for President Trump, immediately preceding his arrival at the G-7 summit in France. Reporting from France, Yamiche Alcindor joins Judy Woodruff to… Continue watching
Aug 23 Watch 11:39 Mark Shields and Ramesh Ponnuru on Trump's trade war and Biden's lead Syndicated columnist Mark Shields and Ramesh Ponnuru of The National Review join Judy Woodruff to discuss the latest political news, including President Trump’s trade war with China and attacks on the Fed and how they’re affecting the U.S. economy, three… Continue watching
Aug 23 Trump hikes tariffs on Chinese goods by 5 percentage points By Paul Wiseman, Jill Colvin, Joe McDonald, Associated Press Trump said Friday he is raising previously announced tariffs to 15 percent and 30 percent. Continue reading
Aug 23 China announces tariff hike on $75 billion of U.S. products By Joe McDonald, Paul Wiseman, Jill Colvin, Associated Press The tariffs of 10 percent and 5 percent take effect on two batches of goods Sept. 1 and Dec. 15. Continue reading
Aug 22 Watch 4:52 How current Japan-South Korea tensions reflect decades of resentment Japan and South Korea, the two most important U.S. allies in northeast Asia, are engaged in an increasingly grave feud. Relations between the two countries took a confrontational turn earlier this summer when Japan announced it would limit exports to… Continue watching
Aug 21 Watch 4:04 News Wrap: China urges U.S. to make a deal to end trade war In our news wrap Wednesday, China said its trade war with the U.S. is hurting both countries. A spokesman in Beijing also said that when it comes to international treaties, the U.S. “breaks promises” and “violates rules.” Meanwhile, Hong Kong… Continue watching
Aug 18 Trump dismisses fears of looming recession By Kevin Freking, Associated Press President Trump is playing down fears of a looming recession after last week’s sharp drop in the financial markets. Continue reading