Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Elon Musk’s electric-car maker Tesla has warned that President Donald Trump’s trade war could make it a target for retaliatory tariffs against the US and increase the cost of making vehicles in America. … Read more
Stay informed with free updates Simply sign up to the Trade disputes myFT Digest — delivered directly to your inbox. China has said it will impose tariffs on Canadian agricultural and food products in retaliation for Ottawa’s levies on Chinese electric vehicles, adding to trade uncertainties clouding the Canadian economy. China’s commerce ministry on Saturday … Read more
China has responded forcefully to President Donald Trump’s recent tariff increases, implementing reciprocal tariffs on selected American goods, sanctioning U.S. companies, and announcing plans to file a complaint with the World Trade Organization. What Happened: Beijing’s actions, timed to coincide with the U.S. doubling of universal tariffs on Chinese goods, include duties of 15% on … Read more
As of the stroke of midnight on Tuesday, March 4, (US time) Donald Trump is moving ahead with a further 10% tariffs on Chinese goods, on top of 10% tariffs which started on February 4 via a presidential executive order announced on the White House website. ¬ Haymarket Media Limited. All rights reserved. … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world China has imposed retaliatory tariffs on the US, its embassy in Washington said on Sunday — hitting about $14bn worth of goods and dashing hopes that a trade war between the world’s two … Read more
After weeks of speculation, US president Donald Trump, on Saturday February 1, placed sweeping tariffs on Mexican, Chinese and Canadian goods entering the US. The tariffs begin on Tuesday, February 4, and will likely spark a global market sell-off and investors fear the start of a global trade war. ¬ Haymarket … Read more
Bitcoin (BTC) and Nasdaq futures faced renewed selling pressure during Asia trading hours on Tuesday as China imposed retaliatory tariffs against the U.S. China also announced an antitrust probe into Google, while moving clothing firm PVH Corp and biotechnology firm Illumina to the list of unreliable entities. Beijing imposed a 15% duty on U.S. coal … Read more
Tesla Inc.‘s TSLA global export strategy faces mounting pressure from rising trade tensions and persistently high interest rates, according to prominent Tesla investor Gary Black. What Happened: Black, Managing Partner at The Future Fund LLC, warned on Sunday that elevated long-term interest rates continue to weigh on auto sales across the industry, affecting major manufacturers … Read more