Tag: trade war
China to halve tariffs on $75B U.S. goods from Feb. 14
BEIJING – China will halve tariffs on some $75 billion of imports from the United States later this month, reciprocating a U.S. action and...
U.S. economy keeps defying the recession odds
It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened...
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. factory output falls most in 5 months on GM strike
WASHINGTON – Production at United States factories fell in September by the most in five months, depressed by an autoworkers’ strike at General Motors...
U.S. trade gap with China narrows as exports hit five-month high
WASHINGTON – The United States' merchandise trade deficit with China narrowed in August as exports rose to a five-month high, a possible sign of...
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...
U.S. consumer sentiment falls most since 2012 on tariff concern
WASHINGTON – United States consumer sentiment fell the most in six years, slumping to the lowest level of Donald Trump's presidency as Americans expressed...
U.S. Q2 growth revised down to 2% pace from 2.1%
WASHINGTON – United States economic growth decelerated in the second quarter by more than initially reported, with stronger consumer spending offset by weaker readings...
U.S. consumer confidence fell less than forecast in August
WASHINGTON – United States consumer confidence declined in August by less than forecast as Americans’ assessment of current conditions climbed to the highest level...
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...