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Walmart, Gap, Coca-Cola are among the companies who say they will be forced to raise prices because of Trump's tariffs on foreign imports.
The Chinese Ministry of Commerce said on Tuesday morning that it had "no choice" but to retaliate against the newly announced tariffs that will cover over half of all Chinese goods coming into the US.
The first thing UBS found, perhaps unsurprisingly, is that words like trade, tariffs, and trade war have been used significantly more frequently in the last year that at any other point since 2010.
According to a report from the Wall Street Journal late on Thursday, Trump indicated to reporter James Freeman that he is ready and willing to hit Japan with tariffs.
Thursday is possibly the most important single day so far in the burgeoning trade war between the US and China, as President Donald Trump decides whether to levy new tariffs on $200 billion of Chinese goods.
Trump reportedly caught the Japanese prime minister off guard during a meeting at the White House by saying ‘I remember Pearl Harbor’
President Donald Trump reportedly caught Japanese prime minister Shinzo Abe off guard with a comment about Pearl Harbor during a meeting at the White House this past June, according to the Washington Post.
Trump could more than double his proposed tariffs on $200 billion of Chinese goods — and China is preparing to strike back against US ‘bla...
After a handful of quiet days in President Donald Trump's trade war, it looks as if a further escalation may be on its way following reports that another round of tariffs on China could be announced imminently.
‘Weird’ and ‘purposefully ambiguous’: Here’s what analysts are saying about Trump’s trade agreement with the EU
Understandably, Juncker and Trump's meeting is all that most economists, strategists, and analysts are talking about right now. But what are they saying?
Trump says trade negotiations are ‘going really well’ as Europe readies to hit the US with tariffs on $20 billion in goods
"We hope that it doesn't come to that and that we can find a solution," the European Union's trade commissioner, Cecilia Malmstrom, told a Swedish newspaper. "If not, the EU Commission is preparing a rather long list of many of American goods. It would be around $20 billion."
Republican Sens. Orrin Hatch and Bob Corker both suggested Tuesday that Congress may need to pass a bill to reign in President Donald Trump's trade authority in order to roll back tariffs and prevent a trade war.