Toymakers Anxious Over Next Round Of Tariffs
The growing trade war between the U.S. and China could well become the "Grinch Who Stole Christmas." At least that's the fear of the American toy industry, which is meeting in the Twin Cities this week.
Watch CBS News
The growing trade war between the U.S. and China could well become the "Grinch Who Stole Christmas." At least that's the fear of the American toy industry, which is meeting in the Twin Cities this week.
Best Buy's outgoing CEO warned Thursday that U.S. shoppers will likely see prices rise if the next round of tariffs on Chinese goods happens.
Companies were bracing Monday for how Beijing might retaliate against President Trump's escalation of a fight over technology and trade that threatens to disrupt a Chinese economic recovery.
Earlier Friday, the U.S. increased tariffs on approximately $200 billion worth of Chinese goods from 10 percent to 25 percent.
After the U.S. increased tariffs from 10 percent to 25 percent on $200 billion worth of Chinese goods, President Donald Trump said Friday that the "process is in place" to levy an expanded round of tariffs on effectively the remainder of Chinese imports, totaling $325 billion.
Trump tweeted that he intended to hike tariffs on Chinese goods to 25 percent from 10 percent put in place in September.
President Donald Trump says he will pull United States from the Intermediate-Range Nuclear Forces Treaty with Russia.
The decision comes following the Trump administration's announcement that it was hitting $200 billion worth of Chinese goods with new tariffs.
Your stay would include a multi-course dinner, a traditional Chinese concert and a calligraphy class.
Many farmers remain critical of President Donald Trump's tariffs and the damage done to commodity prices and markets but were appreciative Tuesday that he offered to provide some cash to help offset their losses.
President Donald Trump on Wednesday accused China of "vicious" tactics on trade as he prepared for tough negotiations with European leaders in an escalating trade battle among world powers.
President Donald Trump announced a $12-billion bailout for farmers who are hurting from his escalating trade war over tariffs.
Many anxious American farmers are delaying purchases and investment while hoping for a truce in a U.S.-China trade war that has left their crops at a competitive disadvantage overseas.
Minnesota officials are asking the Trump administration to block the repatriation of a dangerous, mentally-ill convicted murderer from China.
The garden is meant to be a symbol of friendship with China.
Liu, a petite, bespectacled poet, was photographed smiling as she entered the terminal in a gray T-shirt under a black and white knit cardigan.
The escalation of the trade war could weaken investment, depress spending, unsettle financial markets and slow the global economy.
The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in recent talks.
President Donald Trump's escalating dispute with China over trade and technology is threatening jobs and profits in working-class communities where his "America First" agenda hit home.
Minnesota farmers are not happy with how President Donald Trump's "trade war" with China is going after Beijing retaliated Wednesday with the announcement of a 25 percent tariff on soy beans.
First, the United States imposed a tax on Chinese steel and aluminum. Then, China counterpunched Monday with tariffs on a host of U.S. products, including apples, pork and ginseng. On Wall Street, the stock market buckled on the prospect of an all-out trade war between the world's two biggest economies. But it hasn't come to that — not yet, anyway.
China's official Xinhua News Agency said Kim made the unofficial visit to China from Sunday to Wednesday at Xi's invitation in what was in his first trip to a foreign country since he took power in 2011.
President Donald Trump is exhorting three suspended UCLA basketball players to thank Chinese President Xi Jinping for their freedom following a shoplifting incident while they were in China.
China is the largest greenhouse gas emitter in the world.
A delegation from China traveled to the Twin Cities to learn from Xcel Energy. The utility company's crews do daily maintenance on power lines, and often people at home are none the wiser.