Tag: Chinese goods

June 30, 2020

TOKYO — World shares were mixed on Tuesday, with European benchmarks falling after a day of gains in Asia that carried over from a rally on Wall Street. Asian shares were buoyed by stronger than expected manufacturing data from China. […]

January 17, 2020

China’s gross domestic product grew 6.1% in 2019, the country’s slowest rate of economic growth since 1990. The GDP was in line with the official target range of 6% to 6.5% for 2019, a year where economic growth was marred […]

November 11, 2019

Shares around the world fell Monday as hopes for a breakthrough in the trade war between the United States and China diminished after President Donald Trump said Washington had not agreed to gradually roll back tariffs as negotiations progress. Hopes […]

September 12, 2019

The U.S. and China are taking baby steps to ease tensions in their trade war, as negotiators prepare for the resumption of face-to-face talks in Washington in the coming weeks. On Wednesday, U.S. President Donald Trump said he was postponing […]

August 13, 2019

The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether in a move that triggered a rally on Wall Street. The Office of the U.S. Trade […]

June 28, 2019

Traders sent stocks higher on Friday on renewed hopes of de-escalation in the US-China trade war. President Donald Trump and Chinese counterpart Xi Jinping are set to meet on Saturday in a high-stakes encounter that could determine whether the US […]

June 27, 2019

Companies are evading US tariffs on Chinese goods by rerouting them through Vietnam, according to the Wall Street Journal. The duty-dodging, combined with Vietnam’s hefty trade surplus, could spur President Donald Trump to slap tariffs on the Southeast Asian nation. […]

June 19, 2019

Apple Inc. has asked its largest suppliers to consider the feasibility of shifting 15% to 30% of its output from China to Southeast Asia in a dramatic shake-up of its production chain, the Nikkei reported. The U.S. tech giant asked […]

June 7, 2019

Tariffs are Washington’s weapon of choice in its trade war against Beijing. The U.S. has levied 25% fees on up to $250 billion worth of goods imported from China, forcing manufacturers to either swallow the additional costs or pass the […]

May 14, 2019

For nearly a century, the St. Pierre Manufacturing Corporation has made products such as horseshoes, tire chains, and anchors in a facility near Worcester, Mass. But in recent months, St. Pierre has been struggling. Why? Increased tariffs on goods from […]

May 14, 2019

The legendary investor Warren Buffett may have a gift for recognizing risks and anticipating disasters, but he was off the money when he predicted there wouldn’t be a trade war between the US and China. “I don’t think either country […]

May 6, 2019

Global markets plunged after President Donald Trump on Sunday threatened to raise tariffs on hundreds of billions of dollars worth of Chinese goods and , escalating the US-China trade war. Trump threatened to dramatically ramp up the trade war with […]

February 25, 2019

The U.S. and China appear to be close to ending a tariff fight that hurt financial markets and dented economic activity worldwide, but that’s not going to stop the slowdown already seen in the global economy, experts said on Monday. […]

September 17, 2018

Global markets were mostly lower Monday following reports that President Donald Trump will place tariffs on $200 billion more in Chinese goods, despite a possible meeting to iron out tensions between the world’s two largest economies. KEEPING SCORE: In Europe, […]

September 10, 2018

European and Asian markets were mostly lower on Monday after U.S. President Donald Trump suggested placing tariffs on an additional $267 billion in Chinese goods in a tit-for-tat dispute over trade. But a strong U.S. jobs report primed Wall Street […]

September 7, 2018

US President Donald Trump may not be entirely done with his trade war against China, but it looks as though he already has another target in his sights: Japan. According to a report from the Wall Street Journal late on […]

July 11, 2018

Less than a week into the trade war with China, President Trump is already thinking about levying more tariffs against goods imported from that nation to the U.S. The White House said it was considering additional tariffs of 10% on […]