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Tom Folz drives around on a sunny, August afternoon and surveys the thousands of acres of dark green, leafy soybean plants and tall stalks of corn he grows on his sprawling farm in Christian County, Kentucky. At 54, Folz has wispy, white hair matching his white mustache. It’s taken him several long work weeks to… Read More
China says it will slap tariffs on autos and thousands of other U.S. goods. It’s an escalation of a trade war that has rippled through the world economy and raised U.S. recession fears.
The Trump administration is postponing some tariffs on Chinese imports set to take effect on Sept.1. Tariffs on laptops, cellphones, some clothing and other items are now set to begin Dec. 15.
The U.S. auto industry opposes President Trump’s threatened tariffs on goods imported from Mexico. It says the taxes would increase the cost of vehicles and play havoc with supply chains.
The president said at a press conference with British Prime Minister Theresa May that new economic restrictions would begin to bite, possibly even during negotiations between the two sides.
The Trump administration has reached a deal to lift tariffs on steel and other metal imports from Canada, in a move that could put the two nations a step closer to ratifying the USMCA trade pact.
The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.
The U.S. Trade Representative published a list of Chinese goods that would be hit with new duties, from artists’ brushes to watches.
U.S. stock markets plunged on the news, with the Dow Jones Industrial Average falling by up to 580 points in the first hour of trading Monday.
Ohio Valley farmers say the latest tariff escalation between the Trump administration and China could continue to hurt their businesses, with many farmers already facing financial struggles. As Chinese officials visit Washington, D.C., for more trade talks, the Trump administration announced this week increased tariffs, planned to go into effect Friday, on $200 billion dollars worth of Chinese… Read More