Foreign companies in China are getting hurt by both sides.
tariffs
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.
advertisement
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.
Posted inBusiness, Nation & World, News, Politics
Trump administration announces more tariffs on Chinese imports
The United States will impose 25 percent tariffs on $16 billion in goods starting on Aug. 23.
Posted inBusiness, Nation & World, News
Commerce Department upholds tariffs on Canadian newsprint
The agency does reduce most of them from the initial levels, but the harm is already being done to U.S. newspapers.
Posted inBusiness, Nation & World
U.S. crops ready for picking, but farm workers in short supply
The difficult jobs that last only part of the year don’t appeal to Americans, and as undocumented laborers dwindle, businesses scramble and look to automate.
Posted inBusiness, Nation & World, Politics
Trump pressures China with threat to crank up size of proposed tariffs
The extra U.S. tax on $200 billion worth of imported Chinese goods would rise to 25% from 10% amid a trade war.