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US Agrees to Lift Taxes on British Steel, Aluminum
The United States has agreed to lift tariffs on British steel and aluminum, mending a rift between allies that dates back to the Trump administration.
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EU Puts Tariffs on US But Hopes for Change With Biden
The European Union will put tariffs on up to $4 billion worth of U.S. goods and services in response to illegal aid to plane maker Boeing
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Trump Trade Policy: 4 Years of High Drama. Limited Results.
President Donald Trump spent four years upending seven decades of American trade policy
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Canada to Impose Tariffs on $2.7B in US Goods After Trump Reignites Trade Feud
Canada said Friday it will slap retaliatory tariffs on $2.7 billion worth of U.S. goods, the latest development in a new trade feud sparked by President Donald Trump’s decision to reimpose aluminum duties on the U.S. ally. “Canada will respond swiftly and strongly,” Canadian Deputy Prime Minister Chrystia Freeland said at a press conference. “We will impose dollar-for-dollar countermeasures in a balanced...
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Trump Targets Canada, Reimposing Tariffs on Aluminum
President Donald Trump says that the United States is reinstating a 10% import tax on Canadian aluminum.
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Trump Rebukes China Over Hong Kong
President Donald Trump on Tuesday signed a bill and executive order that he says will hold China accountable for its oppressive actions against the people of Hong Kong. “[Hong Kong’s] freedom’s been taken away, their rights have been taken away and with it goes Hong Kong in my opinion,” he said.
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Deere Sees Stability on Farms in Bruising Trade Fight
Deere & Co. had a surprisingly strong first quarter after an extended period in which the tractor and construction equipment maker was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports,” CEO John May said…
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China Cuts Tariffs on $75B of US Imports in Trade Truce
China has cut tariffs on $75 billion of U.S. imports including soybeans, pork and auto parts in a trade truce with Washington as Beijing struggles with a costly virus outbreak.
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Proposed 100% Tariffs on Wine Could Double Prices, Kill Jobs
The Trump Administration is threatening to slap a 100% tariff on imported wine in response to a French tax on American tech companies, potentially doubling prices on wine for consumers and cutting jobs in the import industry.
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China and US Reach Phase One Trade Deal
President Donald Trump said Friday that as part of the U.S.-China trade deal Washington will not charge China with any new tariffs and slightly reduce existing tariffs.
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Trump Defends Tariff Deal With Mexico
President Trump will be in Iowa Tuesday to deliver remarks on renewable energy, as he defends his tariff deal with Mexico and continues to fight congressional oversight.
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Trump Makes False Claims at Rally, News Conference
President Donald Trump made 17 false or misleading statements over 17 hours on Wednesday and Thursday, according to Factcheck.org, including on the issues of tariffs and the alleged conflicts of former special counsel Robert Mueller.
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Trump Threatens Auto Tariffs on Cars from Mexico
President Donald Trump backed off his initial push to close down the southern border between U.S. and Mexico Thursday and instead threatened to impose tariffs on cars manufactured there.
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China's 2018 Economic Growth Sinks to 3-Decade Low
China’s economic growth hit a three-decade low in 2018, adding to pressure on Beijing to beef up stimulus measures and settle a tariff war with Washington. Growth slowed to 6.6 percent from 2017’s 6.9 percent as both the world’s appetite for China’s exports and domestic consumer spending weakened, official data showed Monday. Forecasters said they expect Beijing to try to...
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Trump Suggests US Could Slap 10% Tariffs on iPhones and Laptops Imported From China
President Donald Trump suggested he could place a 10% tariff on iPhones and laptops imported from China, in an interview with the Wall Street Journal published Monday. He also said it’s “highly unlikely” that he would delay an increase in tariffs from 10 percent to 25 percent on Jan. 1, just four days before a summit with Chinese President Xi...
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US Proposes $200B More in Tariffs, China Vows Retaliation
The Chinese government vowed Wednesday to take “firm and forceful measures” against U.S. threats to expand tariff hikes to thousands of products like fish sticks, apples and French doors as their trade dispute escalates. China gave no details but earlier threatened “comprehensive measures” if Washington took more action. That prompted fears Beijing, running out of imports for retaliation due to...
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These Are the Industries With the Most to Lose in Trade War With China
Data released by the U.S. Chamber of Commerce show which industries would be hardest hit by a U.S.-China trade war should tariffs escalate as promised between the Trump administration and the Chinese government.
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Trump's Tariffs on Chinese Goods Spark Trade War Fears
Stocks took a beating Thursday, with the Dow Jones industrial average dropping 723 points amid worsening fears of a trade war. The drop came as President Donald Trump announced new tariffs on nearly $60 billion worth of Chinese goods. Trump insists the tariffs stop other countries from taking advantage of America.