This is Beirut, 05/04 05:20 - Reading : 2 minute(s)
United States Donald Trump Tariffs Economy
President Donald Trump goaded China on Friday after the United States' chief economic rival retaliated against his tariffs, and he dismissed falling stock markets over the growing global trade war, touting it as a chance to "get rich." "China played it wrong, they panicked -- the one thing they cannot afford to do!" Trump ...
This is Beirut, 04/04 15:55 - Reading : 5 minute(s)
Donald Trump United States Tariffs China economic war
China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. AFP looks at how an escalating trade war between the United States and China is playing out—and what impact it might have. Why is China so vulnerable to tariffs? Trade between the world's two largest ...
This is Beirut, 04/04 15:20 - Reading : 1 minute(s)
Donald Trump USA China Tariffs
A nonprofit group sued US President Donald Trump and his administration on Thursday over alleged misuse of emergency powers to impose tariffs on all imports from China earlier this year. The lawsuit disputed the legality of Trump's executive order from February 1, not the broader set of tariffs announced on Wednesday that also target a number of ...
This is Beirut, 04/04 14:15 - Reading : 1 minute(s)
Donald Trump USA China Tariffs economic war
China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products. "For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed," Beijing's finance ministry said. Beijing's ...
This is Beirut, 03/04 17:10 - Reading : 1 minute(s)
Donald Trump United States China Tariffs
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns. "The downgrade reflects our expectations of a continued weakening of China's public finances and a rapidly rising public debt trajectory during the country's economic ...
This is Beirut, 03/04 00:17 - Reading : 4 minute(s)
United States Donald Trump Tariffs Trade
President Donald Trump's sweeping new tariffs on US trading partners are set to begin this weekend, said White House officials Wednesday, with a higher rate on "worst offenders" to take effect next week. Declaring that a "national emergency" stemmed from security concerns due to persistent trade deficits, the White House ...
This is Beirut, 02/04 09:55 - Reading : 4 minute(s)
Donald Trump United States Liberation Day Tariffs
US President Donald Trump is poised to unveil sweeping new "Liberation Day" tariffs on Wednesday, but kept the world guessing until the last minute about the scope of an onslaught that could spark a global trade war. Trump will roll out the measures flanked by cabinet members in the Rose Garden of the White House at 4:00 pm (2000 GMT) – after ...
This is Beirut, 13/03 15:00 - Reading : 2 minute(s)
Donald Trump European Union United States France Tariffs
US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey. "If this tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all wines, ...
This is Beirut, 12/03 17:25 - Reading : 4 minute(s)
United States European Union Tariffs
Major US trading partners announced countermeasures Wednesday to President Donald Trump's blanket steel and aluminum tariffs, hours after the levies took effect in a salvo that fueled trade tensions globally. The steep 25-percent levies came into place after midnight with no exemptions despite countries' efforts to avert them, in an escalation of ...
This is Beirut, 07/03 20:40 - Reading : 1 minute(s)
Donald Trump United States Canada Tariffs
US President Donald Trump on Friday said tariffs could be imposed on Canadian dairy and lumber products within days in a growing trade war between the United States and its northern neighbor. "Canada has been ripping us off for years on tariffs for lumber and for dairy products," he said. "They'll be met with the exact same tariff unless they ...
This is Beirut, 07/03 17:05 - Reading : 1 minute(s)
Donald Trump Russia Ukraine Tariffs
US President Donald Trump on Friday threatened new sanctions and tariffs on Russia over its bombardments of Ukraine, after previously suspending US aid to Kyiv in a stated bid to encourage diplomacy. "Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large-scale banking ...
Maurice Matta, 06/03 11:00 - Reading : 7 minute(s)
Donald Trump United States Canada Mexico Tariffs Trade
In his longest-ever speech before Congress, US President Donald Trump addressed several domestic and foreign issues, calling for the beginning of the “America’s Golden Age” and the strengthening of its sovereignty and independence. He emphasized that the United States “will remain free and independent.” As he delivered his speech, Trump ...