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Tuesday, September 29, 2020
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NEW DATA out Wednesday showed the U.S. goods deficit with China in the seven months through July this year widened about 8 percent to $234 billion from the same period in 2017. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

American shoppers to be hit harder than Chinese by tariff war

NEW YORK - The trade fight between the world’s two economic titans is about to make dozens of household goods more expensive for United...

Tariffs prompt U.S. manufacturers to review plans: Fed survey

NEW YORK - America’s escalating trade dispute with China and other trading partners has prompted almost a fifth of United States businesses including about...
DESPITE ONGOING INTERNAITONAL RELATIONS CHALLENGES, including the escalating trade war between China and the United States, the U.S. equities markets posted significant gains Monday, as earnings season prepares to get underway. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. stocks rally as dollar gains, treasuries slip

NEW YORK – U.S. equities rose to their highest level in almost a month as investors set aside concern about escalating trade tensions and rising...
PRESIDENT DONALD TRUMP threatened to impose tariffs on every single Chinese import into America. Friday morning, a 25 percent levy took effect on $34 billion of Chinese goods entering the U.S. / BLOOMBERG FILE PHOTO/QILAI SHEN

Trump eyes even higher tariffs as trade war with China escalates

NEW YORK - President Donald Trump threatened to impose tariffs on every single Chinese import into America as the world’s two largest economies exchanged the...
THE U.S CHAMBER OF COMMERCE estimated that $59 million in Rhode Island exports are at risk for tariff retaliation due to tariffs announced by the Trump Administration.

U.S. Chamber of Commerce: Tariffs threaten to impact $59M of R.I....

PROVIDENCE – The U.S. Chamber of Commerce estimated that Rhode Island has $59.3 million in exports threatened by tariff retaliation due to announced U.S....
TRADE WAR LOOMING? President Donald Trump's imposition of tariffs on certain goods has had the effect of other countries applying duties to certain American goods. Will his policy affect local jobs in the coming months and years? / BLOOMBERG NEWS FILE PHOTO/T.J. KIRKPATRICK

Will a tariff trade war negatively affect your job?

Type “trade war” into the Bloomberg News wire search and you get 2,206 hits. It is not a topic that is short on press coverage....
THE TRUMP ADMINISTRATION announced tariffs on $50 billion in Chinese imports and pledged additional investment restrictions. / BLOOMBERG FILE PHOTO/QILAI SHEN

Trump’s China tariffs met with retaliation vow from Beijing

NEW YORK - The Trump administration moved the United States to the edge of a trade war with China by announcing tariffs on $50 billion...

Trump slaps steel tariffs on closest allies as tensions rise

WASHINGTON – The Trump administration announced it’s imposing tariffs on steel and aluminum imported from the European Union, Canada and Mexico, in a move...
FEDERAL RESERVE BANK of New York researchers said that tariffs on steel and aluminum are more likely to reduce U.S. jobs than create them. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Fed economists say tariffs more likely to kill than create jobs

NEW YORK - United States President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, or at least...
CONCERNED: Dave Waldeck, left, fabrication supervisor at VIBCO Vibrators in Richmond, speaks with CEO Karl Wadensten. VIBCO uses aluminum and steel in about 75 percent of its products and is scrambling to find enough supply and to find an agreeable price for future shipments. / PBN PHOTO/­MICHAEL SALERNO

VIBCO wary of tariffs on steel, aluminum

In theory, manufacturers in Rhode Island who primarily use American-made steel shouldn’t be penalized for the placement of new tariffs on imported steel and...

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