U.S. President Donald Trump speaks during an event on ending surprise medical billing | Jim Watson/AFP via Getty Images U.S. President Donald Trump on Friday sought to ease concerns about his administration’s failure so far to reach a trade deal with China, writing on Twitter that despite a new round of tariffs that went into…
Maksim Blinov / Sputnik US tariffs on Chinese goods is all about US protectionism, which can hurt the global economy as a whole, according to Russian presidential spokesman Dmitry Peskov. “We are now seeing a number of measures exclusively of protectionist nature, which are being imposed by the United States of America and the retaliatory…
When the clock stuck midnight, U.S. tariffs on $34 billion in Chinese imports took effect. Beijing vowed to respond immediately in kind, the two biggest economies are on a collision course for a full-blown trade war. China’s customs authority, said China will levy tariffs on 545 items worth $34 billion in response to U.S.’s tariffs,…