China Puts New Tariffs On $60 Billion Of U.S. Goods, And Stock Prices Reel
U.S. stock markets plunged on the news, with the Dow Jones Industrial Average falling by more than 600 points, or 2.4%, for the day.
Economy
China Has Yet To Retaliate For Trump's Tariff Hike
It's been three days since the U.S. raised tariffs on $200 billion worth of Chinese goods. China's government so far hasn't hit back, but it appears the U.S.-China trade talks have faltered.
What Is The Path Forward For U.S.-China Trade Negotiations?
Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution, about the U.S.-China trade dispute, and who is really paying the price for increased tariffs.
Tariff-Driven Bicycle Markup Will Fall On U.S. Consumers
NPR's Michel Martin talks to Morgan Lommele, director of state and local policy for People for Bikes, about how the bicycle industry is being affected by President Trump's tariffs on Chinese goods.
What New Tariffs Mean For One Store Owner
The Trump administration imposed new tariffs on Chinese goods. NPR's Lulu Garcia-Navarro speaks with Tiffany Williams, a luggage shop owner in Lubbock, Texas, about the impact.
Soybean Farmer Loses From Retaliatory Tariffs With No Bailout Funds In Sight
Heavier tariffs on Chinese goods have led to retaliatory tariffs from China. Virginia soybean farmer John Wesley Boyd Jr. tells NPR's Michel Martin that he hasn't gotten relief for his lost wages.
Former Trump Adviser Dan DiMicco On China Tariffs
NPR's Scott Simon speaks with Dan DiMicco, a former senior trade adviser to Donald Trump in 2016, about the president's trade policies, including his use of tariffs.
Trade Talks End With No Agreement
Trade talks between the U.S. and China ended Friday with no agreement. But both sides said the negotiations were constructive. The U.S. imposed higher tariffs on $200 billion in Chinese imports.
Friday News Roundup - International
More than 1000 people have died from Ebola in the Democratic Republic of Congo.
New Round Of Tariffs Takes A Bigger Bite Of Consumers' Budget
The latest round of tariffs on Chinese imports is expected to hit more products U.S. consumers actually buy, and businesses say they have no choice but to pass the added costs on to consumers.