China

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…

China Raises Tariffs On Cotton, Grains, Wine

Lubbock, TX (KJTV) - China is retaliating against president Trump's latest round of tariffs. Starting next month, China will raise tariffs to 25% on $60-billion worth of U.S. goods. Roughly $5,000 items are affected by this new trade war.…

China Raises Tariffs On $60 Billion Of U.S. Goods

(CNN) - China is retaliating against president Trump's latest round of tariffs. Starting next month, China will raise tariffs to 25% on $60 billion worth of U.S. goods. Friday, Trump implemented tariffs of $200 billion worth of Chinese goods.…

U.S. Threat Of Tariff Escalation On China Exports

(CNN) - President Donald Trump sent fresh shivers through Asian markets on Monday; with stocks around the region plunging after his latest threat to further increase tariffs on exports from China. Trump renewed threats to raise tariffs on Chinese…