Latest in The U.S. is not prepared to win an economic war against China built containerships, farmers, ocean carriers warn
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The U.S. is not prepared to win an economic war against China-built containerships, farmers, ocean carriers warn
The US wants steep fines on Chinese vessels to revive domestic shipbuilding, but the economy, from farmers to ocean carriers, say a huge price will be paid.CNBC - 4d -
If Chinese-built containership fines take effect, 'we're out of business in U.S.,' ocean carrier says
If the U.S. fines China-built containerships millions, one ocean carrier says it's likely to abandon the market and freight rates head back to Covid levels.CNBC - 1d -
Trump is targeting China-made containerships in new flank of global economic war on the oceans
China dominates shipbuilding for the ocean freight market, and President Trump has plans to exact economic punishment to bring the business back to the U.S.CNBC - Mar. 11 -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - Mar. 9 -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - Mar. 10 -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - Mar. 10 -
New Chinese tariffs add pressure on American farmers amid ongoing trade war
China's new tariffs on U.S. agricultural goods take effect today, cutting into American farmers' largest overseas market. The move follows the White House's decision to end a major source of farm ...CBS News - Mar. 10 -
How Trump’s Tariffs Affect U.S. Farmers
Retaliatory tariffs are hitting U.S. farmers hard, particularly in states that voted for Trump. Ana Swanson, an Iowa native who covers trade and international economics for The New York Times, ...The New York Times - Mar. 15 -
U.S. farmers react to China's retaliatory tariff increase
China slapped an additional 15% import tax on American farm products, including pork, poultry, beef and soybeans. Lana Zak reports from Mount Vernon, Iowa. Then, Ed O'Keefe has the latest on ...CBS News - Mar. 10 -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - Mar. 10 -
US farmers express dismay over proposal for levies on China-built ships
Agriculture industry could be hit hardest if fees of up to $1.5mn per vessel docking were implementedFinancial Times - 4d -
What Slowdown? Xi Says China Must Win the Global Tech Race.
Xi Jinping wants China to surpass rivals as a tech superpower, undeterred by economic woes or trade wars. Critics ask if this focus neglects struggling citizens.The New York Times - Mar. 11 -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - Mar. 12 -
Trump Tariffs Unsettle Farmers, but They Have Their Own Fair Trade Complaints
When the U.S. trade representative asked for examples of unfair trade, agriculture interests had plenty, but also politely warned about what a trade war could do to them.The New York Times - Mar. 18 -
Trump’s tariff policies set up farmers for bailouts and bankruptcy
Trump's tariffs on China have caused retaliatory actions targeting U.S. exports, potentially harming American grain farmers and other agricultural producers, while also damaging the domestic market ...The Hill - 4d -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - Mar. 10 -
The U.S.-Canada trade war could signal a shift in economic ties, experts say
The U.S.-Canada trade war could shift economic ties as tariffs rise and tensions grow, raising concerns about future trade stability, experts say.CNBC - Mar. 14 -
McConnell: U.S. headed for ‘Russia wins, America loses’ headline on Ukraine deal
Former Senate Republican Leader Mitch McConnell (Ky.) warned in a speech Thursday that U.S. negotiators trying to end the war in Ukraine are headed for a “Russia wins, America loses” headline if ...The Hill - 14h -
An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.The New York Times - Mar. 17 -
Farmers fear criminal hare coursing gangs 'could kill someone'
Farmers warn there has been an increase in willingness to commit violence to farmers and gamekeepers.BBC News - Mar. 18 -
Elon Musk’s Tesla Looks Like a Car Company Built for a Trade War
Tesla is the only major automaker that builds the cars it sells in the U.S., in the U.S.Inc. - 16h -
Cybersecurity officials warn against potentially costly Medusa ransomware attacks
The FBI and the U.S. Cybersecurity and Infrastructure Security Agency are warning email users against a dangerous ransomware schemeABC News - Mar. 15 -
House Republican on war plans chat: ‘There’s no doubt that Russia and China saw this stuff’
Rep. Don Bacon (R-Neb.) said there's “no doubt” that Russia and China were monitoring the U.S. officials’ devices used for a war plan text chat. “I will guarantee you, 99.99 percent with ...The Hill - 3d -
What's behind Trump offering White South African farmers U.S. citizenship?
Trump says he'll offer White South African farmers "safe refuge" as U.S. citizens, but do they actually want it?CBS News - Mar. 10 -
China’s military is going to war against itself
Two recent waves of purges — the first beginning in 2023 and ending in the middle of last year and the second beginning in November of last year — have targeted officers loyal to Xi.The Hill - Mar. 19 -
Tesla warns that Trump's trade war could hurt U.S. automakers
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.CBS News - Mar. 14 -
U.S. launches multiple strikes against Houthi targets as Trump issues warning
President Trump said the U.S. would use "overwhelming lethal force" until Houthis cease shipping attacks.CBS News - Mar. 15 -
McConnell: US headed for ‘Russia wins, America loses’ headline on Ukraine deal
Former Senate Republican Leader Mitch McConnell (Ky.) warned in a speech Thursday that U.S. negotiators trying to end the war in Ukraine are headed for a “Russia wins, America loses” headline if ...The Hill - 14h -
America needs a national economic security strategy to counter China's rise
The United States needs a National Economic Security Strategy to protect and utilize its economic tools and assets in order to maintain geopolitical competitiveness and deter the China's aggression.The Hill - Mar. 14 -
Trump’s car tariffs pile pressure on Reeves’ new economic plan
Office for Budget Responsibility warns a global trade war risks eliminating UK chancellor’s fiscal headroomFinancial Times - 1d -
Trump’s car tariffs pile pressure on Reeves’ new economic plan
Office for Budget Responsibility warns a global trade war risks eliminating UK chancellor’s fiscal headroomFinancial Times - 1d -
Trump’s car tariffs pile pressure on Reeves’ new economic plan
Office for Budget Responsibility warns a global trade war risks eliminating UK chancellor’s fiscal headroomFinancial Times - 1d -
BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - Mar. 14 -
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - Mar. 14 -
What Ukraine's asking for in meetings with U.S. about war with Russia
Officials from the U.S. and Ukraine are holding talks in Saudi Arabia on Tuesday in an effort to end Russia's war against the Ukrainians. Michael Bociurkiw, senior fellow at the Atlantic Council's ...CBS News - Mar. 11 -
A Recession Is Looking More and More Likely. Here Are 5 Ways to Prepare
This is an ideal time to prepare your business for an economic downturn.Inc. - Mar. 14 -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - Mar. 12 -
Trade partners impose new tariffs on U.S.
Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...NBC News - Mar. 10 -
Indonesia's cocoa farmers work with businesses to fight the bitter impact of climate change
Thousands of cocoa farmers across Indonesia are working with businesses and other organizations to protect their crops against the bitter impacts of climate changeABC News - Mar. 15 -
Meloni warns EU against ‘vicious circle’ of tariff war with Trump
Italian prime minister criticises Brussels for engaging in tit-for-tat with USFinancial Times - Mar. 19