Photo of President Donald Trump

New Mexican Tariffs Put US Companies in the Crossfire

The surprise announcement by President Donald Trump of an escalating tariff regime against Mexico sent ripples through almost every economic sector in the U.S., hammering American companies that sell automobiles or run railroads, grow vegetables or build power...
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US Targets $300 Billion of Chinese Goods for New Tariff Hikes

BEIJING — U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to "fight to the finish" in an escalating trade battle that is fueling fears about damage to global economic growth. "We have the determ...
Photo of truck passing China Shipping containers in Savannah, GA

Trade War Escalates as China Announces Tariffs on US Imports

BEIJING — The U.S.-China trade war escalated further Tuesday, with China announcing retaliatory tax increases on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals. "The downward spiral that we have previously warned about n...