Hang Seng Index trims some losses in worst week in years amid trade war
- President Donald Trump confirmed a 125 per cent tariff on Chinese goods, raising the total to 145 per cent due to a trade war.
- Beijing responded by matching tariffs on imported US goods, affecting various industries and consumer prices, including electronics and medicines.
- Dr Lovely warns that US farmers will suffer the most from retaliation, as agriculture is a vital export to China.
- Chinese President Xi Jinping stated that there are 'no winners in a tariff war,' indicating ongoing tensions in trade relations.
17 Articles
17 Articles
House GOP Passes $1.5 Trillion Budget Cut Plan; 145 Percent China Tariff Stays as EU Welcomes Tariff Reprieve
President Donald Trump has put in place a 145 percent tariff on China as he pressures the country to negotiate. We have the latest on trade talks as inflation eases for Americans. The United States has options if China won’t come to the negotiating table, experts say. We discuss that and more with our panel, featuring political strategist Denny Salas and senior policy analyst Carrie Sheffield. All but two House Republicans voted to pass a budget…
Coverage Details
Bias Distribution
- 45% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage