Trump intensifies trade war
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The U.S. gets almost all of its fireworks from China, and the industry is warning that tariffs on Chinese imports could limit supply and send prices soaring.
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The Manila Times on MSNTrade war escalates with new tariff threatsPresident Donald Trump on Saturday threatened to impose a 30-percent tariff on imports from Mexico and the European Union starting on Aug. 1, after weeks of negotiations with the major US trading partners failed to reach a comprehensive trade deal.
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Australian Prime Minister Anthony Albanese, speaking in Shanghai at the start of a six-day visit to China that is likely to focus on security and trade, said Canberra did not want any change to the st
WASHINGTON (Reuters) -The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work constructively to facilitate a stable trade environment.
U.S. Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi agreed Friday to explore "areas of potential cooperation" between Washington and Beijing, and stressed the importance of managing differences,