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It marks the latest retaliatory measure exchanged by the US and China, after Trump's 104% tariff on China kicked in today.
President Trump's tariffs against virtually all U.S. trading partners took effect on Wednesday at 12:01 a.m. ET. Among them is a hefty 104% tariff rate on China.
The Nikkei 225 lost 3.9% to 31,714.03. In Hong Kong, the Hang Seng lost 0.4% to 20,041.03, while the Shanghai Composite index ...
ISRAEL’S prime minister has vowed to eliminate trade barriers with the US and urged other world leaders to do the same as ...
Lego opens a factory in Vietnam it says will make toys without adding emissions to the atmosphere - Lego has opened a $1 ...
A number of sweeping new tariffs on goods from other countries are already here — and more took effect on Wednesday.
While far from the only Republican defector from President Trump's tariff regimen, Elon Musk is among the most prominent.
China sees little to gain in capitulating to President Trump’s tariff threats, labeling them “blackmail” and vowing to “fight ...
President Trump’s tariffs on Vietnam are causing uncertainty for American textile manufacturers, as they are unsure if the ...
Today, Navarro is Trump's key adviser on the tariffs that have roiled markets. Two years ago, Peter Navarro wrote a 30-page policy paper titled "The Case for Fair Trade" that urged the next Republican ...
As director of the Office of Trade and Manufacturing Policy, Navarro played a key role during the trade fights of Trump's first term. After Trump's election loss in 2020, Navarro participated in ...
The executive order focuses on trade deficits, not trade policies, and has an escalation mechanism that can’t tell the ...