punitive tariffs

Business

WASHINGTON | EU trade chief says hit list of US products being developed

WASHINGTON — The European Union is preparing a target list of American products it will hit with punitive tariffs if the Trump administration goes through with its threat to impose tariffs on European auto imports, the bloc’s trade chief said Wednesday. European Union Trade Commissioner Cecilia Malmstrom reported no breakthroughs on resolving the auto dispute … Continue reading WASHINGTON | EU trade chief says hit list of US products being developed →

General

BEIJING | China trade surplus with US widens to record $34.1B

BEIJING— China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August’s 13.4 percent growth, customs data showed Friday. Imports … Continue reading BEIJING | China trade surplus with US widens to record $34.1B →

Business

SINGAPORE | Asian markets mixed on strong Chinese trade data

SINGAPORE — Asian stocks were mixed on Friday as better-than-expected Chinese trade data gave some markets a breather from worries about the impact of punitive tariffs. KEEPING SCORE: Japan‘s benchmark Nikkei 225 racked up more losses after falling almost 4 percent in the previous day. The index dropped 0.5 percent to 22,488.86. The Kospi in … Continue reading SINGAPORE | Asian markets mixed on strong Chinese trade data →