The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight.
Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade ...
China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.
Are tariffs inflationary? Who will shoulder the increased cost? Will tariffs cause a recession? How do tariffs affect ...
Plus: What's the future of foreign aid after President Donald Trump moves to shut down the U.S. Agency for International ...
One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.
Tariffs on U.S. goods and services may complicate the Federal Reserve’s decision making as market expectations for 2025 ...
Experts say 25% tariffs, if implemented, could cause potentially hundreds of thousands of auto industry employees lose their ...
The levies have prompted concerns of higher prices for consumers purchasing cars, refrigerators, produce and other items that the U.S. typically sources from abroad.
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