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Trade war with China escalates

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China's commerce ministry slapped restrictions on more than a dozen U.S. defence firms on Wednesday after President Donald Trump made good on his threat to impose an additional 50% tariff on Chinese ...
From Reuters
U.S. President Donald Trump on Wednesday signed an executive order aimed at rebuilding U.S. shipbuilding and reducing China's grip on the global shipping industry.
From Reuters
At the same time he increased tariffs on goods from China to 125%, accusing Beijing of a "lack of respect", after it had retaliated by saying it would impose tariffs of 84% on US imports.
From BBC

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China slaps restrictions on 18 US firms over Trump tariffs
China's commerce ministry slapped restrictions on more than a dozen U.S. defence firms on Wednesday after President Donald Trump made good on his threat to impose an additional 50% tariff on Chinese imports.
China slaps 84% tariffs on US imports as trade battle escalates
Beijing's decision to respond to President Donald Trump's latest tariff increases sent more shockwaves through stock markets.
Why China thinks it might win a trade war with Trump
Although Mr Trump’s intentions in unleashing the biggest disruption to trade in modern history are not fully clear, he seems less interested in striking a deal with China than ever before. All negotiations would be terminated if China imposes its levy of 34%,
Trump signs executive order to rebuild US shipbuilding
U.S. President Donald Trump on Wednesday signed an executive order aimed at rebuilding U.S. shipbuilding and reducing China's grip on the global shipping industry.
China is not backing down from Trump's tariff war. What next?
"It would be a mistake to think that China will back off and remove tariffs unilaterally," says Alfredo Montufar-Helu, a senior advisor to the China Center at The Conference Board think tank. "Not only would it make China look weak,
How 125% tariff on Chinese products will affect American shoppers
President Trump announced he is raising the tariff on Chinese goods to 125%. NBC News’ Brian Cheung took a look at how the prices of products from electronics to furniture and clothing could be impacted.
Trump pauses higher tariffs for 90 days but escalates China trade war
Trump has said he is authorising a universal "lowered reciprocal tariff of 10%" for most countries, except China, while tariff negotiations continue.
China hits US imports with additional retaliatory tariff of 50%
The Office of the Customs Tariff Commission of China’s State Council said the new tariffs would take effect after midday in Beijing on Thursday and were in response to an additional 50 percentage point punitive charge Washington levied on China on Wednesday.
‘It’s going to hit;’ Local economist explains how tariffs could impact Ohio shoppers
Trade Partnership Worldwide is tracking the tariffs and estimates that companies across Ohio will pay an extra $946 million to import products from China.
China issues travel advisory for US
China issued a travel advisory Wednesday for citizens visiting the U.S. The warning comes as a trade war has escalated between the nations, and as more scrutiny is being put on foreign nationals
Why China is struggling to convince consumers to borrow: ‘I’m not attracted’
Beijing is offering easier access to credit in a bid to boost consumption, but households are reluctant to take on debt amid a global trade war.
LAist5d
Trade war escalates as China hits back with 34% tariffs on all U.S. goods
"China urges the United States to immediately lift its unilateral tariff measures and resolve its trade differences ... countermeasures also included restrictions on U.S. companies and rare ...
Newsday4d
A timeline of US-China tit-for-tat tariffs since Trump's first term
The Chinese tariffs, announced Friday and taking effect Thursday, match the rate of the ones Trump imposed this week on Chinese products flowing into the United States ... China engaged in a trade ...
Regtechtimes on MSN8d
3 Asian Giants Japan, China and South Korea Unite Against US Tariffs, Pursue Bold Free Trade Pact
In a significant move to counter increasing trade pressures from the United States, China, Japan, and South Korea have decided to unite against rising tariffs imposed by the US. These three major Asian economies held their first economic discussions in five years,
New York Post7d
China blocks its firms from investing in US ahead of trade war escalation
China is reportedly cracking down on domestic firms doing business in the United States as the world’s two largest economies gear up for an escalation in their trade war. Regulators in Beijing ...
China warns about travel, education in United States
China's government on Wednesday warned its citizens about traveling to the United States amid deteriorating relations between the two nations, including a trade war with tariffs.
'They all want to make a deal': Trump talks 90-day pause in tariffs, China's retaliation
President Donald Trump addressed his announcement of a 90-day pause on global reciprocal tariffs, but Democrats say it's due to pressure.
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