China, Trump
Digest more
Top News
Reactions and opinions
NBC News |
China could greatly increase tariffs on U.S. agricultural products, or even stop importing them completely.
Reuters |
"The U.S. imposition of abnormally high tariffs on China seriously violates international and economic trade rules, basic economic laws and common sense and is completely unilateral bullying and coer...
Read more on News Digest
President Donald Trump’s rapid-fire trade war has set in motion a commercial rupture without precedent, which is rippling through the global economy in unpredictable and costly ways. The triple-digit taxes that the president has imposed on Chinese products — and China’s retaliatory measures — are expected to shrink trade between the world’s two largest economies from a recent annual peak of nearly $700 billion to almost nothing.
A reordering of global trading relationships could be underway as the world’s two largest economies clash and relations spiral into a trade war.
President Donald Trump increased the tariffs on goods from China, setting off retaliatory tariffs. Here are the top items China imports from the US.
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.
China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.
Explore more
Earlier this week: Jared Isaacman, a billionaire entrepreneur and astronaut and Trump’s NASA administrator pick testified at a confirmation hearing as the agency faces a fork in the road. Robert F. Kennedy Jr. said his agency will know what causes autism by September.
China calls on Western countries to work to support multilateralism and open cooperation, Chinese President Xi Jinping told Spain’s visiting Prime Minister Pedro Sánchez on Friday, as Beijing woos allies for its escalating tariff fight with U.