Tag: China
China, U.S. agree to tariff rollback if trade deal reached
BEIJING – China and the United States have agreed to roll back tariffs on each other’s goods in phases as they work toward a...
U.S. trade war with China has brought pain, uncertainty
The initial tariffs imposed in 2018 on imports from China didn’t affect Cooley Group, a Pawtucket-based company that manufactures an array of engineered materials,...
Uncertainty on trade stalls growth
The trade war between the United States and China has been felt by most Rhode Island manufacturers, though not all in the same way.
Many...
U.S. goods trade deficit widened in August by less than forecast
WASHINGTON – America’s merchandise trade deficit widened in August by less than forecast as a gain in imports exceeded a slight increase in exports.
The...
U.S. trade with China fell in July despite truce in tariff...
WASHINGTON – America’s merchandise trade with China continued to sag in July despite a tariff-war truce between the world’s two largest economies that’s since...
Stocks sink, bonds gain as U.S.-China feud deepens
NEW YORK – United States stocks slumped and Treasuries rallied after President Donald Trump said he’ll respond to new Chinese tariffs and blasted Federal Reserve...
China hits back at U.S. with tariffs on $75B of imports
BEIJING – China announced that it will impose additional tariffs on a total of $75 billion of United States goods in retaliation for President...
U.S. delays China tariffs on some holiday-shopping favorites
WASHINGTON – The Trump administration will delay until mid-December the 10% tariff on some Chinese products on many holiday-shopping lists.
By granting a grace period...
World economy edges closer to a recession as trade dread deepens
WASHINGTON – The escalating trade war between the United States and China is nudging the world economy toward its first recession in a decade...
U.S. stocks plunge most in 2019 on trade tension
NEW YORK – Financial markets buckled after China escalated the trade war with the U.S., sending American stocks to the biggest drop this year...