Trade War

(Reuters) - 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. China said it would slap retaliatory tariffs on …

President Trump announced Friday on Twitter that tariffs on Chinese imports will increase 5 percentage points in a tit-for-tat response to China’s own plans to place new duties on U.S. goods. About $250 billion of goods produced by China and imported into th…

6. They had been made black by those who believed themselves to be white. And where they were headed, black equaled slave. Were introducing a special audio series, 1619, which is a companion piece to our exploration about the legacy of American slavery. In o…

WASHINGTON (Reuters) - 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 trad…

NEW YORK (Reuters) - 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 large…

US manufacturing looks weak. That's a problem

COLFAX, North Dakota (Reuters) - North Dakota bet bigger on Chinese soybean demand than any other U.S. state. The industry here - on the far northwestern edge of the U.S. farm belt, close to Pacific ports - spent millions on grain storage and rail-loading i…

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SYDNEY (Reuters) - Asian shares fell on Wednesday as fresh worries about a global recession led investors to dump risky assets, with U.S. President Donald Trump showing no signs of backing down in his trade war with China. Trump said on Tuesday he had to co…

CLEVELAND (Reuters) - One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such a move now given risks that a U.S.-China trade war and global slowdown could derail the economy. “I could see scenarios where …