European Union officials had just approved retaliatory levies of 10 to 25 percent on about $23 billion of American imports when President Trump abruptly changed tack on Wednesday, announcing that he would hit pause on […]
Tag: United States
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than erasing earlier losses after President Trump said he would pause his reciprocal tariffs for most countries for 90 days. The […]
Delta Warns Trump’s Trade War Will Weigh on the Economy
Delta Air Lines on Wednesday became one of the largest American companies to warn that President Trump’s escalating trade war was weighing on its business and the global economy. Speaking before Mr. Trump reversed many […]
E.U. Officials Approve Retaliatory Tariffs Against the U.S.
The European Union voted on Wednesday to approve its first retaliation measures in response to President Trump’s tariffs, moving closer to placing increased duties on a range of manufactured goods and farm products including soybeans […]
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 […]
