The impact of the latest proposed US tariffs on industry sectors, in one chart

Bill Pugliano/Getty Images US stocks fell heavily on Wednesday, like other markets around the world. JP Morgan Asset Management has looked at the US sectors most exposed to price increases should the latest round of proposed US tariffs be implemented. It says the overall impact on the US economy is likely to be small in […]

US releases $200bn list of Chinese products for possible new tariffs

Accusing China of not negotiating “seriously” on trade, the Trump administration has released a list of products wants to impose a ten percent tariff on, amounting to $ 200 billion. The new tariffs would kick in within 60 days. The 200-page document released on Tuesday by the US Trade Representative’s office gives notice to those […]

China says Trump’s tariffs ‘launched the largest trade war in economic history,’ vows to strike back

Reuters/Jason Lee The Chinese government responded quickly to the as President Donald Trump’s tariffs went into effect at midnight ET on Friday. The Chinese Ministry of Commerce called the tariffs “typical trade bullying” and said Trump “launched the largest trade war in economic history.” China also promised that it would respond with trade restrictions of […]

The EU hits back at Trump’s claim it is ‘as bad as China’ — threatening $300 billion tariffs

Justin Sullivan/Getty Images European Union threatens to retaliate in growing trade war, if Trump places tariffs on European cars, the FT reports. The European Commission said in a letter that they would hit $ 300 billion of US goods with tariffs if needed. Letter also threatened that any auto tariffs would “damage further the reputation” of […]

The global economy is losing momentum even before tariffs hit

Carlos Barria/Reuters PMI reports are regarded as being as good an indicator as any on the health of the global economy. In June, new exports orders from China, Japan and the ASEAN regional all declined, pointing to a softening in global demand. The United States is set to slap 25% tariffs on $ 34 billion […]

BMW says tariffs may cause cuts in U.S. investments and jobs

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Toyota: Tariffs would add $1,800 to price of a Corolla

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Automakers warn tariffs will cost hundreds of thousands of U.S. jobs

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All the US states that ship more than $1 billion worth of goods to China that would be slammed by tariffs

Reuters/Carlos Barria President Donald Trump escalated his trade dispute with China and is planning for $ 200 billion worth of Chinese goods to be subjected to an additional 10% tariff. In turn, China said it would slap the US with tariffs on $ 50 billion worth of US imports starting in July. China’s tariffs would […]