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
Aug 14 Treasury yields invert, stoking fears of possible recession By Associated Press Yields on 2-year and 10-year Treasury notes inverted early Wednesday, a market phenomenon that shows investors want more in return for short-term government bonds than they are for long-term bonds. Continue reading
Aug 13 Watch 6:33 News Wrap: Hong Kong’s airport again crippled by protests In our news wrap Tuesday, chaos gripped Hong Kong again, as demonstrations crippled the city’s busy airport for a second day in a row. Violent clashes broke out when riot police armed with pepper spray confronted pro-democracy protesters. Also, the… Continue watching
Aug 13 U.S. delays tariffs on some Chinese goods, drops others By Paul Wiseman, Christopher Rugaber, Associated Press The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether. Continue reading
Aug 13 Survey: Trade war dims Americans’ view of China By Paul Wiseman, Associated Press Sixty percent of Americans say they have an unfavorable view of China — up from 47 percent last year. Continue reading
Aug 06 Watch 4:37 News Wrap: U.S., China exchange new threats on trade In our news wrap Tuesday, China’s central bank denied manipulating its currency to gain advantage in a trade fight with the U.S. Beijing urged Washington to pull back on trade aggression, but White House economic adviser Larry Kudlow countered that… Continue watching