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Trump, Juncker voice desire to reduce tariffs, trade tensions
U.S. President Donald Trump and the European Union’s chief executive, Jean-Claude Juncker, both expressed a desire on Wednesday to cut tariffs and ease trade transatlantic trade tensions as a high-stakes White House meeting got underway.…
The classic car industry could be hurt by tariffs, too
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U.S. ratchets up China trade war, threatens tariffs on $200 billion of goods
The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $ 200 billion worth of Chinese imports, including numerous consumer items,…
Instant View: U.S. triggers China tariffs, fuels fears of escalating trade war
The United States and China slapped tit-for-tat duties on $ 34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale trade war” as the world’s two biggest economies…
U.S. job growth underscores economy’s strength, tariffs a threat
The U.S. economy created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases this year.…
Dueling tariffs raise fears of long U.S.-China trade battle
A U.S.-China trade fight resulting in duties on $ 34 billion worth of each other’s imports was seen dragging on for a potentially prolonged period, as Washington and Beijing flexed their muscles with no sign…
Shots fired as U.S.-China tariffs take effect in deepening trade row
BEIJING/WASHINGTON (Reuters) – U.S. tariffs on $ 34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the world’s two biggest economies…
Canada hits $13 billion of US goods with new tariffs
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Canada hits back on U.S. tariffs; Mnuchin denies Trump wants to quit WTO
OTTAWA/WASHINGTON (Reuters) – Canada struck back at the Trump administration on Friday over U.S. steel and aluminum tariffs, vowing to impose punitive measures on C$ 16.6 billion ($ 12.63 billion) worth of American goods until…
Largest US nail manufacturer ‘on brink of extinction’ because of steel tariffs
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Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices
WASHINGTON (Reuters) – Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices…
Asian shares hit six-month lows as tariffs take economic toll
TOKYO (Reuters) – Asian shares stumbled to their lowest in six months on Friday, hurt by signs U.S. trade battles with China and many other countries are starting to chip away at corporate profits, while…
Trump threatens China with new tariffs on $200 billion in goods
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump threatened on Monday to impose a 10 percent tariff on $ 200 billion of Chinese goods, prompting a swift warning from Beijing of retaliation, as the trade conflict…
Trump tariffs a rounding error for U.S. economy so far, that may change
WASHINGTON (Reuters) – U.S. President Donald Trump’s new trade tariffs will lop at most a couple of tenths of a percentage point off U.S. growth and add a similar amount to inflation, small fry for…
Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $ 50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies…