Tariffs

A man walks by an electronic stock board of a securities firm in Tokyo, on Friday. Asian stock markets slumped after Beijing responded to the Trump administration's tariff hikes by saying it may order higher import duties on a range of U.S. goods.

Economy

U.S.-China Trade War Fears Send Global Stock Markets Tumbling

5:34pm March 23, 2018

by Scott Neuman

The Dow lost a total of more than 1,100 points in the past two days amid rising trade tensions between the U.S. and China. Japan's Nikkei dived 4.5 percent, and indexes also fell in Europe.

The floor of the New York Stock Exchange on Thursday. The Dow Jones industrial average tumbled after the Trump administration announced plans to impose tariffs on Chinese imports.

Dow Drops 724 Points Amid Fears Of A U.S. Trade War With China

5:36pm March 22, 2018

by Avie Schneider

The Dow Jones industrial average tumbled nearly 3 percent Thursday after the Trump administration announced plans to impose tariffs on Chinese imports.

A farmer harvests his soybean crops near Farmingdale, Ill. Because China is major importer of America's soybeans, the sector is one predicted target for tariff retaliation.

5 Ways China May Try To Win A Trade War With The U.S.

2:48pm March 22, 2018

by Rob Schmitz

After President Trump unleashes new tariffs, China has a number of key U.S. imports — from soybeans to airplanes and iPhones — that it can choose to strike back against.

Orange juice is among the U.S. products that may be subject to retaliatory tariffs by the European Union.

In Tariff War, Europe Could Target U.S. Orange Juice, Cranberries, Crocheted Garments

5:26pm March 16, 2018

by Avie Schneider

The European Union has published an exhaustive 10-page list of hundreds of U.S. products that could be subject to European tariffs.

Canadian Prime Minister Justin Trudeau with President Trump at the White House in October. Trump was recorded telling attendees at a private GOP fundraiser that he had falsely stated the U.S. has a trade deficit with Canada in a meeting with Trudeau.

Trump Admits To Making Up Trade Deficit In Talks With Canadian Prime Minister

6:40pm March 15, 2018

by Tamara Keith

While speaking to Republican donors, Trump said he told Canadian Prime Minister Justin Trudeau that the U.S. has a trade deficit with Canada, while admitting he really "had no idea."

The Navy's new USS Little Rock arrives at the harbor in Buffalo, N.Y., last December. In imposing tariffs on steel and aluminum imports, President Trump said the U.S. military should be as self-sufficient as possible.

Trump Says Tariffs Are Needed To Protect Vital Industries, But Are They?

8:12pm March 12, 2018

by Jim Zarroli

The steel and aluminum tariffs are based on the idea that these homegrown industries are critical for national security purposes. But global supply chains make it tough for the U.S. to go it alone.

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Then-presidential candidate Donald Trump models a hard hat during his rally at the Charleston Civic Center on May 5, 2016 in Charleston, West Virginia.

Politics & Government

Trade Is An Identity Issue, And Trump Knows It

2:26pm March 10, 2018

by Danielle Kurtzleben

In politics, trade means manufacturing, and manufacturing means America — a very particular, nostalgia-laden version of America.

Vice President Pence listens as President Trump speaks at the Thursday event at which Trump signed the orders on steel imports and the other on aluminum imports.

Politics & Government

U.S. Signs Off On Tariffs, Angering Trade Partners

3:13pm March 09, 2018

by Scott Neuman

The administration's plan to impose a 25 percent tariff on steel imports and 10 percent on aluminum has been met by near universal criticism from around the globe.

A worker checks a finished saw blade at the Simonds International plant. The plant employs 80 people and may suffer under President Trump's proposed tariffs on imported steel.

As U.S. Steelmakers Cheer Tariffs, A Michigan Factory's Future Looks Bleak

8:36am March 08, 2018

by Aaron Selbig

While some U.S. steel manufacturers may be embracing tariffs on imported steel, it could hurt some small manufacturers. Simonds International says it could put its Michigan plant out of business.

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Japan's Nikkei lost 2.5 percent after President Trump announced the tariffs. JFE Steel Corp. has a factory in Kawasaki near Tokyo.

U.S. Plan For Steel And Aluminum Tariffs Prompts Global Backlash

6:48pm March 02, 2018

by Scott Neuman

President Trump said Thursday that he would impose hefty tariffs on imports of both metals in the coming weeks — a move largely aimed at China. But a number of U.S. trade partners had harsh words.