China

Zimbabwe: Activists Work To Prevent Sale Of Baby Elephants

(CNN) - Wildlife activists in Zimbabwe are trying to halt an alleged plan to sell 35 baby elephants to China and Pakistan. This attempt is part of an ongoing row over wildlife exports. Environmental lobby group advocates-4-earth say that…

U.S. Delays Tariffs In "Good Will" To China

(CNN) - President Trump is delaying new tariffs on Chinese goods by a few weeks. A tariff increase to 30% on $250 billion worth of goods will be pushed from October 1st, the 70th anniversary of the people's Republic…

200+ Footwear Companies Ask Trump To Cancel Tariffs

(CNN) - Footwear companies are urging president Trump to scrap his new tariffs on Chinese imports, including shoes. More than 200 companies, including Nike, Converse and Adidas sent him a letter on Wednesday. It says the tariffs will amount…

U.S. To Delay Some Tariffs On China Until December 15

Philadelphia, PA (KYW) - You've now got until December 15th to buy holiday electronics before they get hit with a 10% tariff. President Trump announced earlier this month the new import tax impacting goods like cell phones, toys, and…

Trump Admin Designates China A "Currency Manipulator"

(CNN) - The Trump administration is labeling China a "currency manipulator." It comes after China's central bank allowed its currency to weaken amid the ongoing trade dispute. The people's bank of China let its currency fall below seven yuan…

U.S. Puts Duties On Steel Products From China,Mexico

(CNN) - The United States is calling for new duties on some steel products from Mexico and China. The Commerce Department says exporters in those countries were benefiting from unfair subsidies; sometimes as high as 177%. The department said…

Walmart Is Investing $1 Billion In China

(CNN) - Walmart is investing over a billion dollars into its China business. The retailer is planning to spend the money to boost grocery deliveries. It says it will invest around $1.2 billion in distribution centers in China over…

U.S./China Trade War: Deere Warns Of Weaker Earnings

Des-Moines, IA (WOI) - The trade war between the U.S. and China is hurting American farmers. Tractor maker Deere reported earnings on Friday that fell below estimates. The company said market uncertainty is causing farmers in the U.S. to…

Walmart Raising Prices Because Of Tariffs

Fort Smith, AR (KFSM) - America's largest retailer says prices are going up. Wal-Mart CFO Brett Biggs told reporters Thursday the company is planning to raise prices on items impacted by tariffs on Chinese goods. He did not specify…

Trump Signs Exec Order Likely Aimed At Huawei

(CNN) - President Trump has signed an executive order that analysts say directly targets controversial Chinese telecom giant Huawei. The order, signed Wednesday, instructs Commerce Secretary Wilbur Ross to ban transactions that pose, "an unacceptable risk." The order does…