Latest in In U.S. China Tariffs Standoff, Trump Showed Xi He Has Limits
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In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.The New York Times - 1d -
Steeling China for a Tariff Fight, Xi Faces His Biggest Test Since Covid
Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.The New York Times - 2d -
A Devastating Trade Spat With China Shows Few Signs of Abating
The Trump administration is in a standoff with the Chinese government as trade tensions escalate, leaving U.S. businesses in the cross hairsThe New York Times - 16h -
Latest details on Trump's tariff pause
President Trump announced Wednesday he's increasing tariffs on China while pausing reciprocal tariffs against most other U.S. trade partners for 90 days. Lindsey Reiser anchored CBS News' live ...CBS News - 11h -
Apple has few incentives to start making iPhones in U.S.
President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the UABC News - 3d -
'Massive game of chicken' between U.S. and China on trade
Consumer confidence dips after a tumultuous economic week amid President Trump's escalating tariffs on China. CNBC Senior Economics Reporter Steve Liesman and former U.S. Ambassador to China ...NBC News - 2d -
China urges Trump to correct mistakes and heed 'rational voices' on reciprocal tariffs
China's Commerce Ministry called tariff exemptions a "small step" but urged the U.S. to "completely abolish" reciprocal tariffs.CNBC - 14h -
What we know about Trump's tariff pause
President Trump has announced a 90-day pause on reciprocal tariffs for most U.S. trade partners while increasing tariffs on China to 125%. Stocks surged with the news. CBS News' Ed O'Keefe, Kelly ...CBS News - 11h -
Xi Jinping Travels to Southeast Asia Amid Tariff War with U.S.
China’s leader is on a charm offensive in the region, but some of Beijing’s neighbors are wary of being caught in the crossfire of a superpower rivalry.The New York Times - 1d -
Tesla Halts Orders in China on U.S. Imported Models
An “order” button was removed from Tesla’s Chinese website after Beijing raised tariffs on U.S. imports in response to President Trump’s levies against the country.The New York Times - 2d -
Trump: Semiconductor tariffs coming, but ‘You have to show a certain flexibility’
President Trump said Sunday that he would be announcing tariffs on semiconductors soon, though he suggested there could be exceptions for certain products. “The tariffs will be in place in the not ...The Hill - 4h -
Trump Halts China Tariffs on Smartphones, Computers, Electronics
China will be evaluating the impact of these tariff exclusions.Inc. - 5h -
Trump’s Tariff War Has Added Risk to U.S. Bonds, Long the Surest Bet in Global Finance
Shocked by Trump’s trade war, foreign investors are selling U.S. government bonds, long the world’s safe haven.The New York Times - 13h -
Live updates: Trump tariff whiplash to take center stage on Sunday shows
The whiplash from President Trump's fresh tariff agenda has lasted into the weekend as Trump's approval rating takes a dip as Republicans on Capitol Hill work to carry out his domestic agenda. ...The Hill - 12h -
Trump pushes trade partners to buy more U.S. energy as a way to avoid higher tariffs
Trump says he wants to slash the U.S. trade deficit and achieve what he calls "energy dominance."CNBC - 2d -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 1d -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 2d -
Trump, Xi "don't have any plans" to speak, trade representative says
U.S. trade representative Jamieson Greer said President Trump and Chinese President Xi Jinping "don't have any plans" to speak amid an escalating trade war between the two countries.CBS News - 11h -
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.The New York Times - 3d -
Sunday shows preview: Trump tariff whiplash persists; Budget woes stress GOP divisions
The whiplash from President Trump’s fresh tariff agenda has persisted into the weekend as the president's approval rating takes a dip and Republicans on Capitol Hill work to carry out his domestic ...The Hill - 1d -
Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.CNBC - 15h -
White House unveils new exemptions on some Trump tariffs
The White House has revealed new exemptions for some of President Trump's tariffs, specifically for electronics like smartphones and computers assembled in China. NBC News' Maggie Vespa has more.NBC News - 1d -
Trump’s Trade War Is Strengthening China’s Soft Power
President Trump’s tariffs are boosting China’s global image even as they threaten to decimate its economy.Wired - 3d -
Trump defends tariff exemptions for electronics: Nobody getting 'off the hook'
President Trump defended his move on Friday to exempt some electronics from the escalating tariff war with China. He denied the announcement amounted to an "exception," arguing instead the products ...The Hill - 8h -
Tariffs on imported semiconductor chips coming soon, Trump says
U.S. President Donald Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, adding that there would be flexibility with some companies in the ...NBC News - 3h -
Xi Jinping seeks to strengthen economic ties during tour of south-east Asia
President’s first stop is Vietnam as China urges US to end trade war and return to ‘right path of mutual respect’. The Chinese president, Xi Jinping, will visit Vietnam on Monday as he begins a ...The Guardian - 16h -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 2d -
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.The New York Times - 3d -
Xi warns ‘no winners’ from Trump trade war as he heads to Vietnam
Chinese leader seeks to strengthen ties with export-dependent economies facing high US leviesFinancial Times - 5h -
Trump exempts smartphones and computers from new tariffs
It follows concerns that tech prices could skyrocket, as many gadgets are made in China, with the US president saying he will give more detail on Monday.BBC News - 1d -
‘There’s no bad time to buy a house, only a bad time to sell one’: Will Trump’s trade war lead to a reduction in house prices?
Will Trump’s tariffs push the U.S. into a recession?MarketWatch - 1d -
What does China really think about Trump? They know about humiliation and won’t take it from him
Economically, the trade war may be bad news for Xi Jingping, but ideologically and politically it is a gift. Last week, Mao Ning, head of China’s foreign ministry information department, posted a ...The Guardian - 1d -
Apr 4: CBS News 24/7, 1pm ET
Dow drops more than 1,000 points after China retaliates with tariffs on U.S. goods; Consumer impacts of Trump's sweeping tariffs explained.CBS News - 1d -
Booker on Trump tariffs: 'There’s no wisdom in this, the chaotic way he’s doing it'
Sen. Cory Booker (D-N.J.) issued an "unequivocal condemnation" of President Trump’s tariff strategy, calling his approach unwise and “chaotic.” In a Sunday interview on NBC News's "Meet the Press," ...The Hill - 13h -
U.S. Nuclear Talks With Iran Move Forward
In a first meeting, the United States and Iran show signs of pragmatism and limited aims, which would make success more likely. But hard-liners on both sides — and Israel — are bound to balk.The New York Times - 11h -
U.S. exempts smartphones, computers from global Trump tariffs
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.CBS News - 1d -
BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now
The asset management executive spoke to CNBC about the state of the economy, which has been rattled by tariffs from the Trump administration.CNBC - 2d -
What Some Chinese Exporters Say About Trump’s Trade War
At the world’s largest wholesale market, in Yiwu, on China’s east coast, business owners aren’t getting orders from the U.S., and many don’t understand the purpose of the current 145 percent tariffs.Inc. - 2d -
Trump exempts phones, computers, chips from new tariffs
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.CNBC - 1d -
Trump exempts phones, computers, chips from new tariffs
President Donald Trump exempted smartphones, computers, and other tech devices and components from his new tariffs, new guidance from U.S.NBC News - 1d