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‘Tariffs will absolutely bankrupt our business’: US companies warn against Trump’s plans to tax wine and cheese imports

"The proposed tariffs would force the price of these wines to the point where they would be unsellable," one company told the US trade office.

US factory activity posts unexpected rise at the end of 2019

Tariffs between the two sides have exacerbated a broader slowdown in the sector, recent Fed research found, and chipped away at factory jobs.
US President Donald Trump and Chinese President Xi Jinping at a bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 29, 2019.

China’s economy grew at the slowest pace in nearly 30 years as Trump’s trade war bites

The drop from 6.6% growth in 2018 reflected a raft of challenges. China's birth rate and manufacturing investment also dropped to record lows.

A quick guide to what Trump’s 94-page trade deal with China included — and left out

The text offered for the first time the details of what will be expected in a new chapter of relations between the two largest economies.

The Trump administration threatened 25% tariffs on European cars if Britain, Germany, and France didn’t play ball on Iran

Trump previously used the threat of tariffs on European cars to extract additional investment into the US from its automakers.

Trump’s trade deal with China left out some of the very issues that started the tariff war

Even administration officials have at times offered a less ambitious assessment of the phase-one deal than the president.

IT’S OFFICIAL: Trump signs China trade deal, says tariffs could be lifted in Phase 2

The move would be the first tangible sign of de-escalation in a trade dispute that has weighed on the world's largest economies for nearly two years.
FILE PHOTO: Treasury Secretary Steve Mnuchin speaks at a news briefing

Treasury Secretary Mnuchin says a ‘phase 2’ US-China trade deal will reverse more tariffs

The comments arrive hours before the two nations ink a phase-one deal in the first major trade war deescalation since it began in summer 2018.
President Donald Trump to Launch 'Evangelicals for Trump' Coalition

The Trump trade team plans to keep $360 billion worth of China tariffs in place despite phase-one deal

"There is no agreement for future reduction in tariffs," two Trump administration officials said in a statement to Business Insider.
President Donald Trump welcomes Chinese President Xi Jinping at Mar-a-Lago state in Palm Beach, Florida.

China says the ‘trade war is not over yet’ ahead of phase-one deal signing with US

Unresolved issues include the subsidies and cheap loans China gives its businesses, which US officials and executives argue distort the global market.