Trade War Erupts as Trump Imposes Tariffs on Canada, Mexico, and China
President Donald Trump has ignited a fierce trade dispute by signing an executive order imposing substantial tariffs on imports from Mexico, Canada, and China.
President Donald Trump has ignited a fierce trade dispute by signing an executive order imposing substantial tariffs on imports from Mexico, Canada, and China.
In a diplomatic breakthrough, the United States and Colombia have stepped back from the brink of a trade war following negotiations over the deportation of migrants.
The US and China have signed an agreement aimed at easing a trade war that has rattled markets and weighed on the global economy.
Trump says China talks coming, Beijing calls for trade war resolution. The United States and China sought to ease trade war tensions on Monday, with Beijing calling for calm and U.S. President Donald Trump predicting a deal after markets fell in response to new tariffs from both countries.
The US has more than doubled tariffs on $200bn worth of Chinese products, in a sharp escalation of the countries' damaging trade war.
Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.
President Donald Trump kicked off a closely watched dinner with Chinese President Xi Jinping on Saturday by expressing guarded optimism that the two nations could make progress in their simmering trade war "at some point."
The U.S.-China trade war is the “most stupid thing in this world,” Jack Ma, the chief of Asia’s most valuable public company, Alibaba Group Holding Ltd (BABA.N), said on Monday.