This is Beirut, 15/04 21:35 - Reading : 1 minute(s)
Donald Trump China United States Tariffs
US President Donald Trump believes it is up to China, not the United States, to come to the negotiating table on trade, the White House said Tuesday as tensions escalate between the world's two biggest economies. "The ball is in China's court. China needs to make a deal with us. We don't have to make a deal with them," said ...
This is Beirut, 15/04 05:20 - Reading : 4 minute(s)
United States Donald Trump Tariffs Markets
The United States opened the door Monday to tariffs targeting high-end technology and pharmaceuticals, feeding the uncertainty gripping the global economy in a trade war that Chinese leader Xi Jinping warned can have "no winner." After weeks of indications such a move was coming, the US Commerce secretary formally announced ...
This is Beirut, 14/04 19:15 - Reading : 1 minute(s)
United States European Union Tariffs
The EU's retaliatory tariffs on US goods worth 21 billion euros will be on hold until July 14, Brussels said on Monday, to give time for negotiations with Washington. The European Union was hit with a 20 percent rate as part of Trump's sweeping tariffs on April 2, before he suspended the measures for 90 days a week later. To give breathing room ...
This is Beirut, 14/04 11:48 - Reading : 4 minute(s)
United States Donald Trump China Market Tariffs
Markets on Monday welcomed a US tariffs reprieve for electronics, but President Donald Trump warned no country would get "off the hook" in his trade war -- especially China. The world's two largest economies have been locked in a fast-moving game of brinkmanship since Trump launched a global tariff assault that particularly targeted ...
This is Beirut, 13/04 17:20 - Reading : 3 minute(s)
United States China Tariffs Donald Trump
China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. "We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs,' and return to the ...
This is Beirut, 12/04 17:37 - Reading : 1 minute(s)
Donald Trump United States Tariffs
The Trump administration has exempted smartphones, computers, and other electronics from its punishing "reciprocal" tariffs -- lessening the cost impact on American consumers for a host of popular high-tech products. The exemptions, published late Friday in a notice by the US Customs and Border Protection office, cover various ...
This is Beirut, 10/04 22:50 - Reading : 3 minute(s)
Donald Trump China Tariffs Europe
US President Donald Trump claimed victory over Europe in the US tariffs war but acknowledged a "cost" to his surging trade offensive against superpower rival China as markets plunged again Thursday. Trump sought a victory lap at a White House cabinet meeting, saying the European Union had backed off from imposing retaliatory tariffs because of ...
This is Beirut, 10/04 18:00 - Reading : 4 minute(s)
Donald Trump European Union China Tariffs
The EU paused plans for retaliatory tariffs on US goods Thursday after President Donald Trump abruptly suspended higher US duties on the bloc and other countries, leaving China in the crosshairs of his trade war. Trump's about-face on Wednesday triggered a massive market rebound, but Wall Street's rally fizzled on Thursday, and the dollar slumped ...
This is Beirut, 10/04 17:30 - Reading : 1 minute(s)
US President Donald Trump's 10 percent tariff for almost all countries except China will likely remain in place going forward, his top economic advisor Kevin Hassett said onThursday. A day earlier, Trump announced a 90-day pause on higher tariffs against all countries except China, reversing a policy that had roiled global stock markets and ...
This is Beirut, 10/04 08:30 - Reading : 5 minute(s)
United States Donald Trump Tariffs China
US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China. After days of turmoil, stocks on Wall Street and across Asia saw huge surges in reaction to Trump's announcement that he was halting a levy hike for almost all ...
This is Beirut, 09/04 18:08 - Reading : 2 minute(s)
Donald Trump United States China Tariffs Trade
China will impose 84 percent tariffs on US imports, up from 34 percent, the finance ministry said Wednesday, hours after similar levies by the United States came into force. US President Donald Trump's latest salvo of tariffs came into effect on dozens of trading partners Wednesday, bringing duties on Chinese products up to 104 ...
This is Beirut, 09/04 05:45 - Reading : 4 minute(s)
United States China Tariffs Economy Markets
US President Donald Trump's punishing tariffs on dozens of economies came in force Wednesday, including over 100 percent in levies against Chinese goods, dramatically ramping up a devastating global trade war. Following the imposition of sweeping 10 percent tariffs have rocked the global economy since coming into force over the weekend, rates ...