China calls the stalemate the fruit of Trump’s ‘folly,’ and it soon could start to affect the global economy.
tariffs
Posted inBusiness, Nation & World, News, Politics
New tariff list creates risk of ‘downward cycle’ for U.S. auto industry
President Trump’s latest round of import levies on Chinese imports will add costs to more than 100 car parts.
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Posted inBusiness, Nation & World
5 ways Trump’s tariffs on China will affect you
Consumers will be harder hit with this round of tariffs, which will impact prices on a variety of goods such as tires, bicycles, backpacks and refrigerators.
Posted inBusiness, Local & State
Maine dealers say China is further inflating prices on U.S. lobster as part of tariff war
Tariffs are being levied based on higher-priced Canadian lobster, they say, adding ‘salt on the wound’ of plunging U.S. lobster exports to Chinese markets.
Posted inBusiness, Nation & World
China says Washington asks to resume tariff talks
Foreign companies in China are getting hurt by both sides.
Posted inBusiness, Nation & World, News
Newspapers praise decision nullifying Trump’s get-tough tariffs on Canadian newsprint
A trade commission finds U.S. newsprint producers were not being hurt by the imports, as the U.S. had maintained, in a decision that could lower costs for U.S. publications.
Posted inBusiness, Nation & World, News
Turkey’s finance chief tries to reassure wary investors
Berat Albayrak’s remarks on the currency crisis cap off a week where the lira hit a record low of 7.24.
Posted inBusiness, Nation & World, News, Politics
Prospect of progress on China, U.S. trade war lifts stock market
Thursday marked the Dow’s largest gain since April, the latest in a wild week for the market.
Posted inBusiness
Tariffs will make fixing your car more expensive
Dozens of businesses including Daimler, Hyundai and General Motors have said they already see or anticipate higher prices driving up manufacturing costs or reducing earnings.
Posted inBusiness, Nation & World, News
China retaliates with tariffs on $16 billion worth of U.S. imports
China’s imposition of 25 percent tariffs targeting cars, oil and natural gas is in direct response to U.S. tariffs announced Tuesday.