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Aug 24, 2019 Report
Trump raises tariffs on Chinese goods as trade war escalates

J.P. Morgan estimates Trump's tariffs could cost an average U.S. household $1,000 a year

President Donald Trump angrily escalated his trade fight with China on Friday, raising retaliatory tariffs and ordering American companies to consider alternatives to doing business there. Trump's move came after Beijing announced Friday morning that it had raised taxes on U.S. products.

Associated Press
Aug 24, 2019 Report
Japan and U.S. trade framework includes tariff on Japanese cars

The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining tariffs on Japanese autos but Tokyo cutting tariffs on U.S. beef and pork, Japan's Nikkei business daily said on Saturday. U.S. Trade Representative Robert Lighthizer and Economy Minister Toshimitsu Motegi reached the deal on Friday in Washington, and it will be announced at a meeting of President Donald Trump and Prime Minister Shinzo Abe expected on Sunday on the sidelines of the Gro

Reuters
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