BEIJING — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also will increase import duties on U.S.-made autos and auto parts, the Finance Ministry announced. The announcement comes as leaders of the Group of 7 major economies prepare to meet in France this weekend. Keith Srakocic, Associated Press fileIn this May 9, 2019, file photo a General Electric washing machine with a label advertising it was made in America is displayed in retail stores in Cranberry Township, Pa.

BING NEWS:
  • Increase In Electricity Tariff Threatening Survival Of Manufacturing Activities
    The recent increase in electricity tariff will directly increase the cost of production, leading to a higher potential de­cline in revenue collection and a reduction in the sector’s com­petitiveness, ...
    04/21/2024 - 2:11 pm | View Link
  • Biden sends message to China ― and working-class voters ― with tariff threat
    Not only has Biden left in place Trump's tariffs on some $300 billion of Chinese goods − this week, he threatened to triple a 7.5% tariff rate on China steel and aluminum to 25%. The move ...
    04/19/2024 - 11:12 pm | View Link
  • Luis Quintero
    EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those ...
    04/17/2024 - 7:19 pm | View Link
  • President Biden moves to triple tariff rates on Chinese steel and aluminum
    Biden will announce to the United Steelworkers union in Pittsburgh that he's calling for hikes in Chinese steel and aluminum under Section 301.
    04/17/2024 - 9:54 am | View Link
  • Biden calls for higher tariffs on Chinese steel
    President Joe Biden on Wednesday called for sharply higher U.S. tariffs on Chinese metal products as part of a package of policies aimed at pleasing steelworkers in the swing state of Pennsylvania, at ...
    04/17/2024 - 7:38 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News