China announces new tariff exclusions for some U.S. imports

BEIJING (Reuters) – China’s finance ministry published on Thursday a new list of six products from the United States that will be exempt from tariffs starting Dec. 26. The ministry said the exemption will be effective until Dec. 25, 2020. It did not elaborate on why it chose the products or the approximate value of imports of these goods. Source: […]

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China tariffs probably won't hit on Dec. 15: Sen. Chuck Grassley

USMCA will pass the Senate after impeachment is finished: Sen. Chuck Grassley Grassley, R-Iowa, discusses the updated USMCA deal and China trade talks. The 15 percent tariffs set to hit about $160 billion of Chinese goods this weekend may not happen after all. Continue Reading Below The duties were planned Dec. 15 for an array of consumer products such as […]

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Trump threatens higher tariffs if no trade deal with China

Trump: ‘China’s going to have to make a deal that I like’ President Trump talks about making a deal with China, saying he’s ‘very happy with China right now.’ The U.S. will raise tariffs on Chinese goods "even higher" if the two sides cannot finalize a trade deal, President Trump said Tuesday at the White House. Continue Reading Below The […]

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25% China tariffs would spark a global recession: UBS's Michael Crook

Should investors be concerned about a global recession? Michael Crook, head of Americas investment strategy at UBS Global Wealth Management, discusses whether investors should be concerned about a global recession. If President Trump were to follow through on his latest threat to potentially raise tariffs on Chinese goods "well beyond 25 percent" it would lead to a global recession, according to Michael […]

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Trump’s China tariffs not affecting US consumer: White House trade adviser

Peter Navarro on new tariff threat and fallout from escalating trade war with China White House trade adviser Peter Navarro joins Chris Wallace on ‘Fox News Sunday.’ White House trade adviser Peter Navarro said Sunday that the Trump administration’s tariffs on China are not affecting consumer prices. Continue Reading Below “China has strategically gained the tariffs by slashing their prices […]

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US waives tariffs on Japanese aluminum for Tesla battery cells

Tesla will be purchased: Scott Galloway NYU Stern Professor Scott Galloway on concerns over the outlook for Tesla and Facebook’s plans for a cryptocurrency. WASHINGTON (Reuters) – The U.S. Commerce Department has agreed to Tesla Inc's request to waive 10 percent tariffs on imported aluminum from Japan used in the manufacture of battery cells at Tesla's Nevada Gigafactory, government documents […]

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