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The latest U.S. actions on trade are preventing negotiations with Beijing from proceeding, China’s Commerce Ministry said Thursday.
Treasury Secretary Steven Mnuchin testified on Capitol Hill on Wednesday that he has spoken with a top Walmart executive about how the retail giant can best position itself and keep prices low amid the growing trade war with China.
After hitting low levels on Monday, the tech sector had a strong rebound the next day due to the Commerce Department’s easing restrictions on China’s telecom company, Huawei. Eunice Yoon has more for us.
With the ongoing U.S.-China trade war still not seeing a resolution in sight, one baby product manufacture company is bracing for the upcoming tariffs.
China’s state broadcaster, CCTV, suddenly changed their programming line-up now to show anti-American movies. Our Eunice Yoon is in Beijing with the details.
Major technology companies from the tech sector felt the heat on Monday from simmering U.S.-China trade talks. Kayla Tausche has more for us on the widening rift between the two most powerful economies in the world.
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President Donald Trump to consider a halt in raising tariffs on footwear imported from China.
While the U.S. and Mexico agreed on trade talks regarding aluminum and steel tariffs, but the two sides are still disputing over tomatoes. Jane Wells has more on how tomato prices may increase.
On Friday, the U.S. reached a trade deal with Canada and Mexico over metal tariffs but did they hit a snag with China on that trade front? Kayla Tausche has more.
The Trump administration wants to ban China’s Huawei to do business here in the U.S. Our Eunice Yoon is in Beijing to get their reaction.
As trade tensions with the U.S. intensified, China sold off its Treasury holdings at the fastest pace in about two years during March.
Are tensions easing between the U.S. and China? Kayla Tausche give us an update from Washington.
Macy’s CEO says the tensions between China may cause the retail company to increase prices, specifically in clothing and shoes. Courtney Reagan reports.
Macy’s CEO Jeff Gennette says an increase in tariffs to 25% on $300 billion in Chinese goods that’s still being considered by the White House, which would impact apparel and footwear, would likely trickle down and hit consumers.
The Trump administration plans to delay auto tariffs by up to six months, stopping itself for now from widening global trade disputes, sources told CNBC.