Trump, China and tariff
Digest more
Top News
Overview
Impacts
President Trump’s escalating tariff battle with China is rattling the global economy and raising questions about how the standoff will end. Trump this week announced a 90-day
From The Hill
China hiked its levies on imports of U.S. goods to 125% on Friday, hitting back at Donald Trump's decision to single out the world's No.2 economy for higher duties, while dismissing the U.S. president...
From Reuters
The net effect of Trump's move is that many goods from most countries will be subject to a 10% U.S. import tariff for the next 90 days.
From Reuters
Read more on News Digest
President Donald Trump has kept his promise on tariffs — so much so that it’s freaking out investors, economists, CEOs and a growing segment of the population who fear the import taxes will do more harm than good.
The average effective tariff rate has increased in spite of to Trump’s reversal, with China’s rate rising to 145 percent.