China, Trump and Tariff
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Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
Businesses have been dealing with tariff uncertainty since April, and it's starting to wear some of them down.
Finance chiefs gathering in Washington this week were ready to discuss the global economy's surprising resilience in the face of Donald Trump's tariff assaults - until the U.S.-China trade war erupted again with the U.
US stocks surged on Monday, bouncing back from Friday's rout after President Trump played down the escalating US trade standoff with China, saying it "will all be fine!" Stocks are set to recoup some of Friday's hefty losses after Trump dialed back his Friday threat to impose an additional 100% tariff on Chinese goods from Nov.
The White House budget office said today that mass firings of federal workers have started. Follow along for updates.
President Trump said Friday he will impose an additional 100% tariff on imports from China starting next month — marking a significant escalation in the U.S.-China trade war.
"Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!"