trade war

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China Issues a Warning on 'Trade War'

'It will only lead to serious consequences and negative impact'

(Newser) - A top Chinese official warned Sunday a "trade war" would harm all sides but gave no indication of Beijing's next move in a spiraling dispute with President Trump over steel and technology, reports the AP . Speaking to global business leaders at a development forum, Vice Premier Han Zheng...

China: 'We Don't Want to See a Trade War'

Premier says Beijing won't use US debt as leverage

(Newser) - Premier Li Keqiang said Tuesday that China doesn't want to see a "trade war" with the United States and hopes to reach a negotiated settlement of disputes. Speaking at a nationally televised news conference, Li said rash action would hurt all sides. He made no mention of a...

Trump Threatens New Tariffs Against US Allies in Tweet

'We will simply apply a Tax on their Cars which freely pour into the U.S.'

(Newser) - A full-blown trade war is looking ever more likely with President Trump threatening US allies upset with the tariffs on steel and aluminum imports he announced just days earlier, USA Today reports. "If the E.U. wants to further increase their already massive tariffs and barriers on U.S....

US Jet Tariff May Lead to a &#39;Trade War&#39;
US Jet Tariff May
Lead to a 'Trade War'
THE RUNDOWN
Sep 28, 2017 7:52 AM CDT

US Jet Tariff May Lead to a 'Trade War'

Canada, UK peeved by proposed 219% tariff on Bombardier jets

(Newser) - After a complaint from US aviation giant Boeing, the Department of Commerce has proposed slapping a 219% tariff on the import of C-Series jets from Canadian-owned Bombardier. The move—which still needs approval from the US International Trade Commission—would be in keeping with President Trump's goal of promoting...

Bourbon Industry May Pay for Trump's Proposed Steel Tariff

The largely Kentucky-based industry could fall victim to trade wars

(Newser) - The EU is eyeing a potential target to use in retaliation against President Trump’s proposed steel import tariff : the US bourbon industry. Per the Guardian , commission president Jean-Claude Juncker said the EU would "react with counter-measures" within days against US agricultural exports should Trump impose import tariffs on...

Will Trump Go After Canadian Wine Next?
Trump, Trudeau Talk, and
Readouts Are Very Different
the Rundown
Apr 26, 2017 1:04 PM CDT

Trump, Trudeau Talk, and Readouts Are Very Different

Meanwhile, one site thinks US will go after Canadian wine next

(Newser) - The United States is in an escalating dispute with ... Canada? The two nations have been clashing over trade policy in regard to the lumber and dairy industries, with the US slapping tariffs on timber from its second-largest trading partner and President Trump sounding off on what he views as unfair...

First Friction Emerges Between Trump, House Republicans

They want him to focus on tax reform

(Newser) - Donald Trump isn't going to have a honeymoon period with House Republicans, if the frosty response to his call for a 35% tariff on companies leaving the US is anything to go by. House Majority Leader Kevin McCarthy was among those pushing back against the policies Trump called for...

US, Mexico Brace for Tomato Fight

Trade war possible as US considers ending pact

(Newser) - The humble tomato may spark a trade war between the US and Mexico, reports BusinessWeek . The US took a big step yesterday toward ending a 16-year deal that has kept the prices of Mexican tomatoes cheap in this country. Florida farmers have long pushed for the move, which is expected...

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