President Trump on Wednesday abruptly reversed course on steep global tariffs that have roiled markets, upset members of his own party and raised fears of a recession. Just hours after he put punishing levies into […]
Tag: China
China Condemns American ‘Protectionism’
The Chinese government on Wednesday issued a lengthy denunciation of American trade policies, accusing the United States of years of protectionism and of violating the trade agreement the two sides had negotiated late in President […]
Trump Officials Try to Calm Markets by Pointing to Talks on Tariffs
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped […]
Trump Says No Pause to Tariffs as He Targets China for Retaliation
President Trump said on Monday that he does not plan to pause a slate of expansive tariffs set to take effect later this week, as he threatened to subject Chinese imports to a staggering 104 […]
U.S. Markets Swing Wildly as Trump Admin Denies 90-Day Tariff Pause Report
U.S. markets swung wildly this morning on an unsubstantiated report that President Trump was considering a 90-day pause to his expansive tariffs. The White House has not announced any policy change, and later called the […]