Tag: Tariffs
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Bank of England cuts main interest rate by 0.25% to 4.25% in face of US tariff uncertainty
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global ... -
China launches a blitz of policies to help its economy
China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ‘s trade war, as the two ... -
Top US officials will meet with Chinese delegation in Switzerland in first major talks
Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since ... -
Threatened by Trump tariffs, Japan walks a delicate tightrope between US and China
Just as Japan’s top trade negotiator traveled to Washington for another round of tariff talks last week, a bipartisan delegation bearing the name of “Japan-China Friendship” ... -
Trump threatens a 100% tariff on foreign-made films, saying the movie industry in the US is dying
President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S. In a post last weekend on his Truth ... -
Trump’s tariffs loom over the economy as shipments from China fall
American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on ... -
Climate change is making coffee more expensive. Tariffs likely will too
With her purple-and-pink hair swaying, Reneé Colón stands on a stepladder in the rented corner of a warehouse, pouring Brazilian coffee beans into her groaning old ... -
Xi’s tariff fight reveals China’s great divide
How does an escalating US-China trade war affect people’s well-being? In China, it depends on who you ask. Some are energized by the fight. Electric-vehicle makers ... -
Boeing doesn’t expect the US trade war with China to slow its recovery
Boeing CEO Kelly Ortberg said Wednesday that he doesn’t expect the U.S. trade war with China to forestall the company’s financial recovery, nor prevent it from ... -
Economy grew 5.4% in the first quarter as exporters rushed to beat Trump’s tariffs
China’s economy expanded at a 5.4% annual pace in January-March, the government said yesterday supported by strong exports ahead of U.S. President Donald Trump’s rapid increases ... -
US moves ahead on tariffs with investigations into computer chips and pharmaceuticals
The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals. The ... -
Rip-off claims hoodwinking of US public
The US administration has long accused foreign countries of taking advantage of the United States at the expense of domestic jobs and US industries. In US ... -
Xi says there are no winners in a trade war as he visits Southeast Asia
China’s leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia yesterday, reiterating China’s commitment ... -
President Trump goes with his gut and the world goes along for the ride
After President Donald Trump reversed course on his tariffs and announced he would pursue trade negotiations, he had a simple explanation for how he would make ... -
China’s exports jump 12.4% in March as bigger US tariff hikes loom
China’s exports jumped 12.4% in March from a year earlier in a last-minute flurry of activity as companies rushed to beat increases in U.S. tariffs imposed ... -
Why wouldn’t China weaponize its $760 billion treasury holdings?
China is done retaliating against US President Donald Trump’s exorbitant tariffs, calling the administration’s actions a “joke” that it no longer considers worthy of matching. The ... -
Democrats dislike the ‘chaos’ of Trump’s trade war but are OK with some tariffs
Democrats are quick to say that President Donald Trump’s tariffs are horrible, awful, terrible. But Democrats are also stressing that they are not inherently anti-tariff. What ... -
EU pauses tariff retaliation for 90 days to match Trump move, holding out hope for talks
The European Union’s executive commission said yesterday it will put retaliation measures on hold for 90 days to match President Donald Trump’s pause on his sweeping ... -
Americans are missing out on ‘China Chic’
Who said products made in China have no design? Just as Chinese brands are coming into their own, US President Donald Trump is building a steep ... -
Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
President Donald Trump delivered another jarring reversal in American trade policy today (Macau time), suspending for 90 days import taxes he’d imposed barely 13 hours earlier ... -
Canadian couple likely the only business owners on Norfolk Island to face US tariffs
Jesse Schiller and Rachel Evans are likely the only business owners on Australia’s Norfolk Island to be directly affected by the Trump administration’s tariffs, as the ... -
Tariff coercion won’t work
The US president’s latest tariff threat against China is further proof that the latter’s prompt, justified and resolute retaliatory measures against his April 2 “reciprocal tariff” ... -
The Latest: China vows countermeasures over Trump tariffs as trade war threatens to intensify
China says it will “fight to the end” and take countermeasures against the United States to safeguard its own interests after President Donald Trump threatened an ... -
Sweeping Trump tariffs draw dismay, calls for talks from countries around the globe
Sweeping new tariffs announced by U.S. President Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks to find ways to rescind the stiff ... -
Trump dubs April 2 ‘Liberation Day’ for his tariffs
As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday. Trump has repeatedly called April 2 “Liberation Day,” ... -
Trump says he’ll put a 25% tariff on countries that buy Venezuelan oil, though US does so itself
President Donald Trump said yesterday [Macau time] he would be placing a 25% tariff on all imports from any country that buys oil or gas from ... -
Tariffs and homes
Tariffs on lumber and appliances set stage for higher costs on new homes and remodeling projects Shopping for a new home? Ready to renovate your kitchen ... -
G7 Rubio could face an unfriendly reception from close allies over Trump’s policies
U.S. Secretary of State Marco Rubio may be walking into unusually unfriendly territory this week when he meets his counterparts from the Group of 7 industrialized ... -
Albanese won’t retaliate against ‘unjustified’ US tariffs on steel and aluminum
Australian Prime Minister Anthony Albanese said yesterday that U.S. tariffs on Australian steel and aluminum were unjustified, but his government would not retaliate with its own ...
