Trump promises new 100% tariff on China
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Trump will win trade war with China
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Concerns about U.S. trade policy are back in the spotlight after being overshadowed by the government shutdown and other matters.
U.S. Trade Representative Jamieson Greer on Tuesday said it depended on China whether additional 100% tariffs on its exports to the United States kick in on November 1 or sooner, but acknowledged it might be hard for Beijing to find an off-ramp.
The Wharton finance professor said if the levies are lifted, the market is likely to pass new milestones.
Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
The International Monetary Fund said that recent trade deals have avoided the worst of Trump's threatened tariffs, but warned that a renewed U.S.-China trade war could slow output significantly.
Escalating US-China trade tensions resurfaced as President Trump threatened 100% tariffs. Investors need to be cautious running in to buy the dip. Read the full analysis here.
A 100 percentage-point increase in U.S. tariffs on China doesn’t have to happen, said Treasury Secretary Scott Bessent, saying the two sides could step back from an escalation in their trade war through talks in the coming weeks.
Donald Trump called Chinese attempts to undermine U.S. farmers who compete with Argentina to purchase soybeans an "economically hostile act."