The Milwaukee-based company said Monday it came to its decision because of retaliatory tariffs it faces in an escalating trade dispute between the U.S. and the European Union.
tariffs
Posted inBusiness, Nation & World
EU prepares to slap tariffs on American products
And the highest-stakes fight still looms if the conflict beween the U.S. and China escalates.
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Posted inBusiness, Nation & World, News, Politics
Trump threatens new tariffs on Chinese imports, in another step toward trade war
The president says that if China retaliates, he will add yet more tariffs.
Posted inBusiness, Local & State, News
Bad news for Maine: Lobster on China’s list of retaliatory tariffs
The country is one of the biggest markets for premium seafood, and Maine is home to most of America’s lobster fishery.
Posted inBusiness, Politics
U.S. trade visit to China could delay import tariffs
The underlying frictions between the world’s two largest economies will take much longer to resolve.
Posted inBusiness, Nation & World
China’s president warns against ‘Cold War mentality’ amid trade skirmish
In an economic forum speech, Xi Jinping pledges market openness and takes a veiled swipe at Trump’s ‘America First’ policies.