Trump Threatens China With New Tariffs On Another $200 Billion Of Goods
President Donald Trump just raised the stakes in the fight with China over trade.
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President Donald Trump just raised the stakes in the fight with China over trade.
President Donald Trump's tariffs on Chinese goods are intended to help American companies that have been hurt by Beijing's industrial policies. But in the short term, at least, many American businesses may be the ones feeling pain.
The administration also threatened to impose more tariffs should China retaliate — and China has already indicated it would.
"We're in a very uncertain period, and uncertainty is not good for investment."
The decision comes after top administration officials have tried to dampen fears of a trade war.
Other countries around the world, including Germany, France and the United Kingdom, also have said they would like to keep the original deal, known as the Joint Comprehensive Plan of Action (JCPoA), in place.
Iran's Supreme Leader Ali Khamenei on Wednesday blasted Mr. Trump's speech as "silly and superficial," saying it contained at least 10 lies.
There is hope that trade negotiations might be able to roll them back.
CBS 2's Vince Gerasole traveled to a farm in Maple Park, Ill., to understand the impact the state's pig farmers.
It might sound like a bad joke, but a space station the size of a bus is literally falling out of the sky and parts of it are expected to hit Earth on April Fools' Day, give or take a few days.
Governor Bruce Rauner is going on his first international trade mission since taking office.
Public restrooms at Temple of Heaven Park in the Chinese capital now feature automatic dispensers equipped with facial-recognition technology.
United Airlines says a flight bound for Hong Kong from Chicago was diverted near Tokyo after 12 hours because of an "unruly passenger."
A honey importer in the Midwest alerted the feds earlier this year when the domestic operation became suspicious about 195 barrels of bulk honey.
Cecilia Minges lived as an expat in Shanghai, China for four years.
The buyers are considering opening a stock exchange in southwest China and also hope to list Chinese stocks in the U.S., Chicago Stock Exchange CEO John Kerin said in an interview Friday. The exchange needs the cash from the buyout to launch its new trading products and platforms, Kerin said.
Tesla CEO Elon Musk says his company will eventually start making some of its electric cars in China.
A southwest suburban man who may have lied about ties to the Chinese Communist Party and a Chinese intelligence agency has been charged with unlawfully becoming a citizen.
A look at five of the best New Year's Eve celebrations from around the world.
The S&P 500 gained 23, the NASDAQ added 112 and the Dow Jones industrial average closed up nearly 158 points, settling to 17,646.
Shock waves on the stock market as the three main U.S. indices suffered one of the steepest selloffs in years.
The Bean has a baby.
The Dow Jones industrial average lost 163, the S&P 500 dropped 22 and the NASDAQ shed 58 points, settling to 5,088.
The NASDAQ gained 75, the S&P 500 added 25 and the Dow Jones industrial average closed up more than 211 points, settling to 17,760.
Carli Lloyd scored in the 51st minute.
