Nations puzzle over how to respond to trade war as global markets sink
America’s trading partners wrestled with responses to U.S. President Donald Trump’s blast of tariff hikes and some planned to send negotiators to Washington, D.C.
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Trump threatens more tariffs on China as global markets plunge
President Trump’s threat, which he delivered on social media, came after China said it would retaliate against U.S. tariffs announced last week.
Trump says he’s not backing down on tariffs, calls them ‘medicine’ as markets reel
President Trump’s comments came as global financial markets appeared on track to continue sharp declines once trading resumes Monday.
China to impose a 34% tariff on imports of all US products
The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports that President Donald Trump ordered this week.
What to know about tariffs after Trump launches trade war
Goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that is expected to drive up the costs of everything from cars to clothes to computers.
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
UPDATE: Trump announces sweeping tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump on Wednesday announced a baseline tax on imports from all countries, as well as what he called “reciprocal” tariffs on dozens of nations that run trade surpluses with the U.S.
Trump calls April 2 ‘Liberation Day’ for his tariffs. Here’s what to expect.
As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday.
Trump places 25% tariff on imported autos, expecting to bring in $100B in tax revenue
Foreign leaders were quick to criticize the tariffs, a sign that President Trump could be intensifying a broader trade war that could damage growth worldwide.
Business leaders see Israeli venture fund as a way to attract startups to Indiana
Representatives of Israel-based Iron Nation, established to support Israeli startups during the country’s ongoing war with Palestinian militant group Hamas, came to Indianapolis as part of a U.S. visit to meet with potential investors.
Trump threatens 200% tariff on European wine after EU proposes American whiskey tariff
President Donald Trump, in a Thursday social media post, vowed a new escalation in his trade war if the EU goes forward with the planned 50% tariff on American whiskey.
EU hits beef, whiskey, motorcycles with targeted tariffs
The European Union responded within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%.
Trump’s 25% tariffs on all steel and aluminum imports go into effect
While President Trump’s tariffs could help steel and aluminum plants in the United States, they could raise prices for the manufacturers that use the metals as raw materials.
Trump says TikTok deal is in works. Here’s where things stand.
Questions about the fate of the popular video sharing app have continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan. 19.
Trump doubles planned tariffs on Canadian steel, aluminum to 50%
The U.S. stock market promptly fell following his social media post, triggering more concerns after a brutal selloff on Monday.
Kentucky bourbon makers fear becoming ‘collateral damage’ in trade war
For an industry that has to plan well into the future, based on aging its whiskey products, angst is widespread in Kentucky, which produces 95% of the world’s bourbon supply.
China strikes back at Trump tariffs with 15% levies targeting farmers
The Chinese tariffs, announced last week, were a response to Trump’s decision to double the levy on Chinese imports to 20% on March 4.
Ontario slaps 25% tax increase on electricity exports to U.S.
Ontario provides electricity to Minnesota, New York and Michigan. Quebec is also considering taking similar measures with electricity exports to the U.S.
Rubio says purge of USAID programs complete, with 83% of agency’s programs gone
Secretary of State Marco Rubio said the programs “spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States.”
UPDATE: Trump changes course, delays some tariffs on Mexico, Canada
Also Thursday, Canadian Prime Minister Justin Trudeau indicated that he expects his country will be in a trade war with the United States for the foreseeable future.