"Nobody wins trade wars," says Rep. Jim Costa. That's the view of the Fresno Democrat, reacting to a series of import tariffs imposed in recent months by President Donald Trump. Those tariffs have sparked retaliation from countries such as China, impacting Valley agriculture. Trade policy is one of several issues...
US, China Raise Tariffs in New Round of Trade Dispute
BEIJING — The United States and China went ahead with tariff hikes on billions of dollars of each other's automobiles, factory machinery and other goods Thursday in an escalation of a battle over Beijing's technology policy that companies worry will chill global economic growth. The increases came as envoys met...
Valley Growers Hit Ag Secretary Perdue With Tough Questions
Stopping in Kingsburg during a Central Valley tour, U.S. Secretary of Agriculture Sonny Perdue heard concerns from representatives of dairy, fruit and nut growers. What was top of mind? Everything from the Trump tariffs to market access to immigration. Perdue made news: He said that the president is in negotiations...
China Announces $60B of US Goods for Tariff Retaliation
BEIJING — China on Friday announced a $60 billion list of U.S. goods including coffee, honey and industrial chemicals for retaliation if Washington goes ahead with its latest tariff threat. The Finance Ministry accused the Trump administration of damaging the global economy after it proposed increasing duties on $200 billion...
Ever Bought Groceries Without ID? Trump Says You Can't.
TAMPA, Fla. — President Donald Trump wrongly claimed that shoppers need to show photo identification to buy groceries and accused Democrats of obstructing his agenda and his Supreme Court nominee during a raucous rally aimed at bolstering two Florida Republicans ahead of the state's primary. Trump, addressing thousands of supporters...
How Do 3D Printers Work? Here's the Answer.
The U.S. is in multiple international trade wars. After President Trump ordered higher taxes on some Chinese imports, the Chinese retaliated. The trade dispute now involves as much as $200 billion worth of Chinese-made goods. Trump has also targeted the European Union, Canada, and Mexico with tariffs. Most economists disagree...
With Nut Harvest Coming, Valley Growers Weary of Trade War
With harvest season a few weeks away, nut growers in the Central Valley are already weary of new higher tariffs on some of their products, such as pistachios. And they worry that if the international market dries up, it could lead to a supply glut and falling prices. In addition, China...
Valadao Among GOP Members Panning Trump Farm Aid Billions
WASHINGTON — The Trump administration announced Tuesday it will provide $12 billion in emergency relief to ease the pain of American farmers slammed by President Donald Trump's escalating trade disputes with China and other countries. However, some farm-state Republicans quickly dismissed the plan, declaring that farmers want markets for their...
US Economy is World's Biggest. Who Will Lead in 2050?
The U.S. economy has grown by exactly $1 trillion since 2017 to $20.4 trillion, according to the International Monetary Fund. That makes the American economy far and away the world's biggest — more than $6 trillion ahead of runner-up China and more than $15 trillion ahead of No. 3 Japan....
Farmers Fret and Wait as US-China Trade War Escalates
MINNEAPOLIS — Many anxious American farmers are delaying purchases and investment while hoping for a truce in a U.S.-China trade war that has left their crops at a competitive disadvantage overseas. The longer the Trump administration's tariffs remain in place, the more China's retaliatory tariffs against American exports stand to...