Trump, China and Tariffs
Digest more
Trump, european commission and tariffs
Digest more
Who pays for these tariffs? Most economists reckon that ordinary Americans will lose out, as prices in shops rise. Mr Trump and his coterie, by contrast, blithely insist that the rest of the world will shoulder the load by cutting their selling prices. So far, the evidence is giving the know-nothings a glimmer of hope.
2don MSN
China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.
The White House puts a priority on doing business with Beijing as it prepares for bilateral talks next week.
T rump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.
4don MSN
President Donald Trump said he could meet with Chinese President Xi Jinping in the "not too distant future" following an invitation from Beijing.
Though an abundance of news has whipsawed Wall Street during this timeline, including quarterly operating results, a U.S. debt downgrade, and geopolitical tensions in the Middle East, the one common link fueling this rollercoaster ride is President Donald Trump's tariff and trade policy.
WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China.
With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.