World Trump halting trade negotiations with Turkey, raising its steel tariffs to 50%
Two Gadget Makers Look to Move Manufacturing Out of China, Citing Trade War
Fitbit and Tile say tariffs are a threat to their businesses.Two American consumer electronics companies said this week that they’re looking to shift manufacturing away from China and into other countries, citing pressures from import tariffs on their products amid the trade war.
President Donald Trump announced Monday that he would "soon" issue an order sanctioning Turkish officials, hiking tariffs on Turkish steel up to 50% and "immediately" halting trade negotiations with the country.
"This Order will enable the United States to impose powerful additional sanctions on those who may be involved in serious human rights abuses, obstructing a ceasefire, preventing displaced persons from returning home, forcibly repatriating refugees, or threatening the peace, security, or stability in Syria," Trump said in a lengthy statement posted to Twitter.
The retaliatory measures followed Trump's decision to order the withdrawal of all U.S. troops from Syria's northern border with Turkey, which has enabled Turkish forces to launch an offensive against the U.S.-allied Kurdish forces there.
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Anger Over Syria Unites Trump Defenders and His Biggest Critics .
Republican Senators returning to Washington after a two-week recess will find themselves debating not only how to handle the House’s impeachment inquiry into Donald Trump but also the president’s widely condemned decision to withdraw U.S. troops from Syria. © Thomson Reuters Turkey-backed Syrian rebel fighters react as they hold their weapons at the border town of Tel Abyad, Syria, October 14, 2019. REUTERS/Khalil Ashawi “Abandoning this fight now and withdrawing U.S.
U.S. tariffs on US$ 16 billion worth of Chinese imports takes effect on Aug.23rd
미국, 160억달러 中수입품에 25% 관세 부과 개시...중국 상무부 "미국 관세 부과에 단호히 반대 Here's the latest on the trade war between the world's two economic.
The Fed is holding back the Trump economy: Peter Navarro
White House trade advisor Peter Navarro discusses how the Universal Postal Union is negatively affecting America's trade position with China, the benefits of ...