One chart shows just how badly US companies are getting whacked by Trump's trade war

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Tariff costs in comparison to the total US economy is still small, but rapidly growing, and President Donald Trump's trade war is to blame.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump tariff war with China sends U.S. retailers on buying bingeOver a dozen customs brokers, retailers, vendors, analysts and supply chain experts tells Reuters that retailers have been stockpiling inventory from China to avoid higher tariffs that may kick in next year. More here: by Richa_Writes LisaBaertlein TV So much for buying American,Trump doesn’t !
Source: Reuters - 🏆 2. / 97 Read more »

How Trump the ‘Tariff Man’ could lose to ‘Dow Man’ TrumpThe president’s continuing obsession with the stock market could force the president to cut a trade deal with China. HAHAHHAHHAHAHHHA FAKE NEWS My retirement account is down 20% for 2018 TrumpEconomy
Source: politico - 🏆 381. / 59 Read more »

EU’s High Trade Surplus With the U.S. Poses Risk to 2018 Tariff TruceThe European Union narrowly avoided a bruising economic war with the U.S. in 2018 by vowing to rebalance trade. Now, the EU faces headwinds to fulfilling its promise and satisfying Trump’s demands. Worst 'vow' ever: no one can satisfy trump's demands. rebalance trade is what every country's needed.
Source: WSJ - 🏆 98. / 63 Read more »

China’s Annual Trade Surplus With U.S. Hits Record Despite Trump’s Tariff OffensiveChina’s trade surplus with the U.S. hit a fresh record last year, as robust American demand for Chinese goods undercut the Trump administration’s tariff offensive aimed at narrowing the countries’ lopsided trade gap. How to turn failure into apparent succss, Get the WSJ to write the article. If I am selling more stuff to you than before then I am the one doing better. Or is that not how it works? Ooooppps : Trump policy starts to WORK Walmart had a record sales in 2018, because... drum roll... it’s failing. That’s the logic here, right?
Source: WSJ - 🏆 98. / 63 Read more »

Caravan asylum seekers tell U.S.: Let us in or give us $50,000 each to go home'It may seem like a lot of money to you.... But it is a small sum compared to everything that the United States has stolen from Honduras,' Alfonso Guerrero Ulloa said. jajaja HA Life is tough, but it's tougher if you're stupid' -John Wayne
Source: Newsweek - 🏆 468. / 52 Read more »

Trump team weighs surprise tariff cut in hopes of securing China trade dealAfter a year of tough talk, administration officials are considering sweetening the deal for China by cutting import taxes. See this outstanding offer - Weren’t you just saying something about Pelosi being the one wielding the knife Ya......................a butter knife. I am glad he is negotiating with them They have routed us for years.
Source: washingtonpost - 🏆 95. / 72 Read more »

China says it will suspend its 25 percent tariff on US autosThe relief will last for three months staring from January 1, as part of an agreed truce between Beijing and Washington. the super rich is going the take the money over sea's Such winning So it’s back to the rate when Trump created the crisis. He creates a crisis, blames others for the crisis, fixes the crisis he created, takes credit for crisis averted, tells everybody the other side caved. His followers cheer is amazement. That is why it’s a cult. Brainwashed
Source: CNBC - 🏆 12. / 72 Read more »

Tesla cuts China prices after tariff drop on U.S.-made carsTesla Inc has cut prices on its Model S and Model X vehicles in China after Beij... What shd be read into this move? Companies don’t pay taxes
Source: Reuters - 🏆 2. / 97 Read more »

China says it will suspend its 25 percent tariff on U.S. autosThe relief will last for three months staring from January 1, as part of an agreed truce between Beijing and Washington. Great news for US Auto workers! Winning!
Source: NBCNews - 🏆 10. / 86 Read more »

U.S. sets new March 2 date for China tariff increases amid talksThe U.S. Trade Representative's office on Friday officially changed the sch... 'new'? was that not the date to begin with? TariffMan Trump Wins 'Tariff Oscar.' The 'Gold Milk?' award for the Best Performance By a Celebrity Manipulating Global Tariffs goes to President Trump. The award was named in honor of one of the hardest hit groups of the ill-considered *tariff wars*, the dairy farmers. Now it was announced that China had lower it's Tariffs on Automobile down by 25% and now Trump still playing games. Oh well they tried to be reasonable. 😂😂😂😂😂😂😂
Source: Reuters - 🏆 2. / 97 Read more »

Mercedes-Benz cuts China prices after tariff on U.S.-made cars suspendedGerman luxury carmaker Mercedes-Benz on Monday said it would offer discounts on ...
Source: Reuters - 🏆 2. / 97 Read more »