China signals the latest tariff hike will be its last round of tit-for-tat measures, prompting sharp falls in European shares, as Asian stocks end the day mixed.
Stocks retreated for yet another day after attempting a rebound earlier in the session. Trillions of dollars in investor wealth have been wiped out since last week.
Trump said on Truth Social he would impose the new tariffs on China if Beijing did not retract a 34% retaliatory tariff on U.S. goods that it announced in response to Trump's initial salvo last Wednesday.
The president's latest action on trade takes effect next week, and will slap a 25% tariff on imported cars and car parts. He says the measure will boost U.S. manufacturing.
Companies can try to avoid or minimize tariffs by requesting exemptions or legally reclassifying their products. Here's a look at some of the strategies that have worked in the past.
China's top foreign policy official addressed the escalating trade war with the U.S. and promoted China as an "anchor" on the global stage as America retreats from international involvement.
Today on Political Rewind, Georgia’s poultry producers may soon receive millions of dollars of government relief to compensate for their losses as a...