China threatens retaliation
Digest more
Top News
Overview
Impacts
NBC News |
“China will have no choice but to retaliate,” one analyst said, adding that it would be “carefully calibrated so that it is more or less in line with the other countries’ responses.”
Reuters |
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war t...
Reuters |
Brazil will be by far the main beneficiary, the biggest supplier that can replace U.S. soybeans to China.
Read more on News Digest
This is especially bad for US agricultural producers. They already had 10 or 15% tariffs on their produce entering China, in response to the last round of Trump tariffs. Now, if you add 34% on top of that, it is probably pricing most of them out.
US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean and why it matters
The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.
President Donald Trump criticized countries with what he called unfair trade practices, vowing to target trade deficits and tariffs on U.S. goods in his "Liberation Day" plan.
12hon MSN
Dow (NYSE:DOW) and LyondellBasell (NYSE:LYB) -9.7% and -7.6%, respectively, in Friday's trading as J.P. Morgan downgrades the petrochem companies to Hold from Buy with respective $31 and $60 price targets,
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020