China Tariffs

Donald Trump and Kamala Harris sparred over China policy during the presidential debate hosted by ABC News on Tuesday night. What Happened:Harris criticized Trump’s tariff policy, labeling it a “Trump sales tax” that would impose a 20% tax on everyday goods, affecting middle-...

The former U.S. Treasury Secretary, Robert Rubin, has warned U.S. lawmakers about the potential risks of imposing excessive trade restrictions and tariffs on China. What Happened: Speaking at the Bund Summit in Shanghai via video link, Rubin urged for a cautious approach to tariffs, warning against...

In a move to mitigate tariff uncertainties, Newell Brands (NASDAQ:NWL), the firm behind Sharpie pens, is shifting some of its production out of China. The company’s writing business manufacturing will be relocated to Tennessee. What Happened: CEO Chris Peterson clarified that this shift in...

White House National Economic Advisor Lael Brainard indicated that the tariffs by President Joe Biden on Chinese imported goods are a response to China’s economic practices. What Happened: During an episode of the Reuters podcast, Brainard mentioned that tariffs were introduced specifically...

In an interview on Monday, Treasury Secretary Janet Yellen outlined the current administration’s stance on several key economic issues, including tariffs on China and the need for domestic investment in strategic sectors, such as semiconductors and clean energy, which she believes are...

President Joe Biden is taking a hard stance on trade with China, proposing a significant hike in tariffs on steel and aluminum imports. This move comes amid heightened economic tensions between the two global powers. What Happened: Biden has put forward a plan to dramatically increase tariffs on...

Donald Trump has hinted at the possibility of imposing a tariff exceeding 60% on all Chinese imports if he secures a return to the presidency. What Happened: Trump’s comments come amidst rising economic and other tensions between the U.S. and China. During his previous term, Trump had imposed...

A coalition of more than 100 American trade associations asked President Trump on March 19 to use his executive authority to suspend U.S. tariffs still in place on Chinese imports as a measure to counter the economic downturn resulting from the coronavirus (COVID-19) outbreak. "Together, we urge...

By Brendan Bures. Major political disputes often create unpredictable ripples in the world of cannabis. Sometimes, these waves are small and kitschy. When President Donald Trump caused a government shutdown because legislators wouldn’t fund his border wall, that meant government workers were...

A month before U.S. tariffs on $200 billion worth of Chinese goods are scheduled to jump to 25% on March 1, freight interests outside the Beltway are concerned about legislation aimed at giving President Donald Trump even more tariff-wielding power. Introduced in late January by U.S. Representative...

China’s largest tech company, Alibaba Group Holding Ltd. (NYSE: BABA), is slated to report fiscal second-quarter earnings before market open on Friday, Nov. 2.  This’ll be BABA’s first report since chairman and CEO Jack Ma announced in September that he would be stepping down...

China's Ministry of Ecology and Environment has opened the door to a substantial increase in the use of coal for power production in the country's northern provinces who will now be allowed to set their own winter output curbs for heavy industry. 'Local authorities should carry out...

China's National Bureau of Statistics reported slowing growth pointing to weaker exports as the China Manufacturing Purchasing Managers Index (PMI) dropped to 50.8 percent, down 0.5 percentage points from the previous month to the second lowest reading in 12 months. Don't miss MarketWaves...

Despite the unfolding trade war between the US and China, where China imposed a 25 percent import duty on US soybean imports in July, a domestic shortage of the beans which crushed to make cooking oil and the protein-rich animal feed ingredient soy-meal is now resulting in Chinese traders paying a...

According to a report issued by 'China Beige Book' (CBB), corporate and industrial borrowing in the third quarter of 2018 surged to the highest level since 2013 and that deteriorating cash flows indicate many firms may have directed this credit to plugging payment gaps, rather than making...