Latest Trade barriers News

Asian markets down as trade war heats up

Jun. 17, 2018 11:49 PM EDT

SINGAPORE (AP) — Asian shares were mostly lower Monday amid worries about trade tensions as the U.S. and China both started putting tariffs in motion. China and Hong Kong markets were closed for a national holiday. KEEPING SCORE: Japan's benchmark Nikkei 225 index dropped 0.8 percent to 22,662.68 in...

Japan's exports, imports both grew in May amid trade tension

Jun. 17, 2018 11:14 PM EDT

TOKYO (AP) — Japan's exports to the U.S. grew 5.8 percent in May from a year ago as shipments of machinery and vehicles rose, according to government data released Monday. Japan's imports from the U.S. for the month grew 19.9 percent as imports of aircraft, fuel and medical products gained on year, the...

AP FACT CHECK: Trump on FBI, phantom law on migrant kids

Jun. 16, 2018 8:55 PM EDT

WASHINGTON (AP) — President Donald Trump is claiming exoneration in the Russia matter from a Justice Department report that actually offers him none. He's also branding fired FBI chief James Comey a criminal, though the report in question makes no such accusation. Fallout from the internal report by the...

Import now to beat tariffs on goods from China? It will cost

Jun. 16, 2018 10:05 AM EDT

New tariffs on imports from China may leave American companies with a choice — pay a higher freight bill now or pay the tariffs starting in three weeks. It can take several weeks for ship-borne cargo from China to reach the United States — too late to beat the July 6 deadline. That could lead to...

China hikes tariffs on US soybeans, electric cars, fish

Jun. 16, 2018 5:49 AM EDT

BEIJING (AP) — China fired back Saturday in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey. The government said it was responding in "equal scale" to Trump's tariff hike on Chinese goods in...

China threatens tariffs on US lobsters as business booms

Jun. 15, 2018 10:43 PM EDT

PORTLAND, Maine (AP) — A set of retaliatory tariffs released by China on Friday includes a plan to tax American lobster exports, potentially jeopardizing one of the biggest markets for the premium seafood. Chinese officials announced the planned lobster tariff along with hundreds of other tariffs amid the...

The Latest: China fires back at US, raises own tariffs

Jun. 15, 2018 10:17 PM EDT

WASHINGTON (AP) — The Latest on President Donald Trump's tariffs on Chinese goods (all times local): ___ 10:15 p.m. China has fired back in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey....

Trump's tariffs: What they are and how China is responding

Jun. 15, 2018 8:17 PM EDT

WASHINGTON (AP) — President Donald Trump just imposed tariffs on hundreds of Chinese products — from X-ray tubes to incinerators. And Beijing is striking back by targeting U.S. soybeans, beef, seafood and other products. The punch-and-counterpunch announced Friday in Washington and Beijing moved the...

US stocks and bond yields dip amid trade worries

Jun. 15, 2018 6:16 PM EDT

NEW YORK (AP) — U.S. stocks closed out a whirlwind week with a modest loss Friday as markets gauged how much to fret about the Trump administration's decision to step up the trade dispute between the world's two biggest economies. The White House announced tariffs on $50 billion of imports from China, and...

A trade war looms as Trump slaps tariffs on Chinese imports

Jun. 15, 2018 4:39 PM EDT

WASHINGTON (AP) — President Donald Trump brought the world's two biggest economies to the brink of a trade war Friday by announcing a 25 percent tariff on up to $50 billion in Chinese imports to take effect July 6. Beijing quickly responded that it would retaliate with penalties of the same scale on...