China is retaliating against President Trump’s new 10-percent tariffs on Chinese imports by imposing its own tariffs on U.S. goods, including 15 percent on coal and gas, 10 percent on oil, farm equipment, and cars, effective next Monday.
Read More U.S. Faces Retaliation From China As Trade War Sparks Long-Term Growth PotentialTag: tariffs
US Postal Service ends China parcel suspension, works to reduce disruption
The U.S. Postal Service said it would accept parcels from China and Hong Kong again after a temporary suspension of shipping low-value packages duty-free to the United States.
Read More US Postal Service ends China parcel suspension, works to reduce disruptionU.S. Imposes 10% Tariffs On China, Beijing Retaliates With Taxes On Energy And Machinery
The Trump administration put in place new tariffs on China on Tuesday in an effort to help stop the flow of Fentanyl coming into America, with Beijing responding by announcing its own tax against U.S. imports.
Read More U.S. Imposes 10% Tariffs On China, Beijing Retaliates With Taxes On Energy And MachineryCanada Suspends U.S. Tariffs For 30 Days After Trudeau’s Call With Trump
President Donald Trump and Canadian Prime Minister Justin Trudeau have announced a temporary deal to halt the imposition of 25% tariffs on each other’s imports for 30 days while a final border security pact gets hashed out.
Read More Canada Suspends U.S. Tariffs For 30 Days After Trudeau’s Call With TrumpMcConnell: Trump Tariffs ‘Bad Idea’
Former Senate Majority Leader Mitch McConnell has called President Donald Trump tariffs a “bad idea” during a “60 Minutes” interview.
Read More McConnell: Trump Tariffs ‘Bad Idea’Trudeau Responds To Trump’s Tariffs, Enacting 25% Tariffs On $155 Billion In American Goods, China Vows ‘Countermeasures’
Both China and Canada have recently come out and denounced President Donald Trump’s tariffs, vowing to enact retaliatory measures.
Read More Trudeau Responds To Trump’s Tariffs, Enacting 25% Tariffs On $155 Billion In American Goods, China Vows ‘Countermeasures’