China to raise import tariffs on U.S. scrap copper, aluminum from December 15
China will impose an extra 5% tariff on imports of copper scrap and aluminum scrap from the United States from Dec. 15, according to a list of retaliatory tariffs published by the Ministry of Finance late on Friday.
Factbox: From phone makers to farmers, the toll of Trump’s trade wars
The world’s two largest economies, China and the United States, on Friday exchanged blows in the latest escalation in their trade war that has roiled supply chains and whipsawed financial markets.
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world’s two largest economies.
Key dates in the U.S.-China trade war
Hopes for settlement of the yearlong U.S.-China trade war dimmed further on Friday as China said it will slap retaliatory tariffs on about $75 billion worth of U.S. goods, the latest escalation in the dispute between the world’s two largest economies.
USTR to accept public comment period before raising tariffs on $250 billion in Chinese imports
The U.S. Trade Representative’s office on Friday said it would hold a public comment period before raising tariffs on $250 billion in Chinese imports on Oct. 1 from 25% to 30% after China announced what the U.S. considers “unjustified tariffs.”
Trump challenges court ruling barring him from blocking Twitter users
President Donald Trump is challenging a federal appeals court decision that ruled he violated the U.S. Constitution by blocking people whose views he disliked from his Twitter account.
U.S.-China Business Council urges talks to end damaging trade tensions
The US-China Business Council on Friday said millions of U.S. citizens will be harmed by the increased trade tensions between the United States and China, the world’s largest economies, following the latest salvos in the U.S.-China trade war.
Factbox: Pending mergers and acquisitions involving U.S. firms that need Chinese approval
U.S. President Donald Trump said on Friday he has ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75 billion worth of U.S. goods, in a new twist in the bitter trade war between the world’s two largest economies.
Trump urges U.S. court to shield Deutsche Bank records from House Democrats
Lawyers for U.S. President Donald Trump asked a federal appeals court on Friday to block Deutsche Bank AG and Capital One Financial Corp from handing the financial records of the president’s family and the Trump Organization to Democratic lawmakers.
China tariffs on U.S. oil to pressure exports, Gulf Coast prices: traders
China’s threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs along the U.S. Gulf Coast, where exporters already have taken to shipping crude overseas without firm buyers, traders said.