China

China Announces New Tariffs On U.S. Goods

29 days ago   |   By NPR

China on Friday announced a new round of tariffs on $75 billion worth of American good. NPR's Emily Feng tells Morning Editio n that U.S. cars will be subject to the new levies.
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China strikes back at U.S. with new tariffs on $75 billion in goods

29 days ago   |   By Reuters

China said on Friday it will impose retaliatory tariffs against about $75 billion worth of U.S. goods, putting as much as an extra 10% on top of existing rates in the dispute between the world's top two economies.
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China announces tariff hike on $75 billion of US products

29 days ago   |   By Chron

BEIJING - China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession.
China also will increase import duties on U.S.-made autos and auto parts, the Finance Ministry announced.
The announcement comes as leaders of the Group of 7 major economies prepare to meet in France this weekend.
Tariffs of 10% and 5% will take effect on two batches of goods on Sept. 1 and Dec. 15, the ministry said in a statement...
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China retaliates with tariffs on $75 billion of US goods

29 days ago   |   By Stl Today

The US-China trade war ratcheted up yet again on Friday, with Beijing unveiling a new round of retaliatory tariffs on about $75 billion worth of US goods.
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China's tariff blow weighs on Wall Street, Powell speech in focus

29 days ago   |   By Reuters

U.S. stocks fell on Friday after China threatened to impose additional tariffs on $75 billion worth of U.S. goods, ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell.
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Renewed Chinese auto tariffs would cost U.S. jobs, industry coalition warns

29 days ago   |   By Reuters

The head of a broad coalition of Japanese, German and South Korean automakers warned on Friday that renewed punitive Chinese tariffs on U.S. autos would hurt U.S. vehicle exports to China and put U.S. jobs at risk.
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The Latest: China strikes back, $75B in tariffs on US goods

29 days ago   |   By Chron

WASHINGTON - The Latest on the escalating trade war between the U.S. and China, the world's two largest economies :
10:10 a.m.
China is putting into place tariffs on $75 billion in U.S. products in retaliation for the Trump administration's latest planned tariff hikes.
China said Friday that it will also increase import duties on U.S.-made autos and auto parts. The retaliation pulled global markets into negative territory
Tariffs of 10% and 5% will take effect on two batches of goods on Sept. 1 and Dec. 15. Beijing gave no details of what goods would be affected but the timing matches...
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BMW, Daimler, and other auto stocks are crashing after China announced a 25% tariff on cars made in the US

BMW, Daimler, and other auto stocks are crashing after China announced a 25% tariff on cars made in the US

29 days ago   |   By Business Insider

Shares in BMW, Daimler, Porsche, and other car companies crashed on Friday after China announced a fresh wave of tariffs on US goods.
The duties include a 25% tariff on cars made in the America, set to take effect in mid-December.
View Markets Insider's homepage for more stories .
Shares in BMW, Daimler, and other car companies crashed on Friday after China announced a fresh wave of tariffs on US goods, including a 25% tariff on cars made in America.
The new tariffs go into effect on September 1 and December 15, affecting $75 billion worth of goods.
BMW and Daimler were the worst affected...
Read more ...

 

Markets Right Now: Trade war escalation sends stocks lower

29 days ago   |   By Chron

NEW YORK - The latest on developments in financial markets :
9:35 a.m.
Stocks are opening lower on Wall Street as traders react to the latest escalation of the trade war between the U.S. and China.
China on Friday said it would retaliate against the latest round of tariffs imposed by Washington with duties on $75 billion of U.S. products.
Technology companies, which have much to lose in the trade battle with China, fell the most. Chipmaker Nvidia lost 2.2%.
Hasbro dropped 5.9% after the toymaker announced a deal to buy the parent company of Peppa Pig for $4 billion.
The S&P 500 fell 13...
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Wall St. opens lower on China tariff blow

29 days ago   |   By Reuters

Wall Street opened lower on Friday, as China revealed retaliatory tariffs against about $75 billion worth of U.S. goods that intensified trade tensions ahead of a much-anticipated speech by Federal Reserve Chair Jerome Powell.
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Stocks Dip After China Announces Retaliatory Tariffs on U.S. Goods

29 days ago   |   By NY Times

Wall Street stocks and major European indexes fell after Beijing said it would answer President Trump's next round of tariffs on Chinese goods by increasing tariffs on American imports.
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China deepens trade war with hike on $75 billion of US products

29 days ago   |   By Review Journal

China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's planned increase, deepening a trade war.
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Trade War Heats Up Again As China Sets Tariffs On $75 Billion In U.S. Goods, Autos

Trade War Heats Up Again As China Sets Tariffs On $75 Billion In U.S. Goods, Autos

29 days ago   |   By NPR

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. (Image credit: Greg Baker/AFP/Getty Images)
Read more ...

 

China to impose extra tariffs on U.S. soy, beef and pork

29 days ago   |   By Reuters

China will impose an extra 5% tariff on U.S. soybeans from Sept 1, as well as additional 10% duties on U.S. wheat, corn and sorghum from Dec. 15, the Ministry of Finance said on Friday in Beijing's latest retaliatory trade measures against Washington.
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China's tariff blow sets Wall St. for lower open ahead of Powell speech

29 days ago   |   By Reuters

Wall Street was set to open lower on Friday as China's threat to impose tariffs on $75 billion worth of U.S. goods ratcheted up trade tensions ahead of a highly anticipated speech by Federal Reserve Chair Jerome Powell.
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China to slap retaliatory tariffs on $75 billion-worth of US goods, resume levies on American cars

China to slap retaliatory tariffs on $75 billion-worth of US goods, resume levies on American cars

29 days ago   |   By RT

Beijing has finally unveiled its response to Washington's latest tariffs, vowing to hike levies on $75 billion-worth of US exports and to resume 25 percent tariffs on American automobiles.
Beijing's response measures will be implemented at the same stage as Washington's, which plans to levy tariffs on $300 billion-worth of Chinese products on September 1 and again on December 15.
The US had initially threatened that additional levies targeting Chinese imports would come into force in September, but later postponed part of the tariffs until the end of the year.
Also on rt.com
China prepares...
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Navarro says China talks to continue, trade war won't slow U.S. economy

29 days ago   |   By Reuters

White House trade adviser Peter Navarro said on Friday he does not believe the trade war in China will cause higher prices or a slower economy in the United States.
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China strikes back in trade dispute with U.S. with new tariffs

29 days ago   |   By Reuters

China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, putting an additional 10% on top of existing rates in the latest tit-for-tat exchange in a protracted dispute between the world's top two economies.
Read more ...

 

Trade War Heats Up Again As China Sets Tariffs On $75 Billion In U.S. Goods, Autos

Trade War Heats Up Again As China Sets Tariffs On $75 Billion In U.S. Goods, Autos

29 days ago   |   By NPR

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. (Image credit: Greg Baker/AFP/Getty Images)
Read more ...

 


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Cory Booker says his campaign needs to raise $1.7 million in the next 10...

Cory Booker says his campaign needs to raise $1.7 million in the next 10 days or he's out

Business Insider According to a report from NBC News , a staff memo from the Cory Booker campaign says they need $1.7 million by Sept. 30 or the campaign is kaput. Booker is... Read more ...

Drake has been named the No. 5 richest rapper in the world with a $150...

Drake has been named the No. 5 richest rapper in the world with a $150 million net worth - here's a look at how he got there

Joe Scarnici/Getty Images Rapper Aubrey " Drake " Graham has an estimated net worth of $150 million and was ranked No. 5 on Forbes list of richest rappers in 2019 - he's also... Read more ...

Joe Biden got defensive during an LGBTQ forum in Iowa, calling the moderator...

Joe Biden got defensive during an LGBTQ forum in Iowa, calling the moderator 'a real sweetheart' as they walked offstage

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Trump and Rudy Giuliani are reviving allegations of a conspiracy involving...

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Cory Booker says his campaign needs to raise $1.7 million in the next 10...

Cory Booker says his campaign needs to raise $1.7 million in the next 10 days or he's out

According to a report from NBC News , a staff memo from the Cory Booker campaign says they need $1.7 million by Sept. 30 or the campaign is kaput. Booker is No. 8 in national... Read more ...

Trump and Rudy Giuliani are reviving allegations of a conspiracy involving...

Trump and Rudy Giuliani are reviving allegations of a conspiracy involving Joe Biden and his son in response to a whistleblower report

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Drake has been named the No. 5 richest rapper in the world with a $150...

Drake has been named the No. 5 richest rapper in the world with a $150 million net worth - here's a look at how he got there

Rapper Aubrey " Drake " Graham has an estimated net worth of $150 million and was ranked No. 5 on Forbes list of richest rappers in 2019 - he's also the youngest on the list by... Read more ...

Americans in their 60s have nearly as much student loan debt as people in...

Americans in their 60s have nearly as much student loan debt as people in their 30s

According to data from Experian, borrowers at age 30 and age 60 tend to have very similar student loan balances: the average 30 year old borrower owes $36,406, and the average... Read more ...

Hong Kong demonstrators called a Chinese-American journalist a 'yellow thug'...

Hong Kong demonstrators called a Chinese-American journalist a 'yellow thug' and attempted to stonewall her reporting

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Here's how much each iPhone Apple makes costs in 15 different countries...

Here's how much each iPhone Apple makes costs in 15 different countries around the world

Apple Apple's iPhone 11 , iPhone 11 Pro, and iPhone 11 Pro Max went on sale September 20. Apple also still carries the iPhone XR, 8, and 8 Plus. Prices generally range from... Read more ...