Nations puzzle over how to respond to US trade war as global markets gyrate
BRUSSELS (AP) — America’s trading partners wrestled with responses to U.S. President Donald Trump’s blast of tariff hikes and some planned to send negotiators to Washington, while the head of the European Union’s executive commission offered mutual reduction of tariffs – while warning that retaliation was an option too. “We stand ready to negotiate with […]
China punches back as world weighs how to deal with higher US tariffs
BANGKOK (AP) — China hit back with a stiff import tax on U.S. goods as countries and industries around the world weighed their responses to President Donald Trump’s latest tariff hikes that are roiling global trade and world markets. China on Friday took the retaliation route by imposing a 34% tariff beginning April 10 on […]