Consumers will be harder hit with this round of tariffs, which will impact prices on a variety of goods such as tires, bicycles, backpacks and refrigerators.
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Posted inBusiness, Nation & World
China says Washington asks to resume tariff talks
Foreign companies in China are getting hurt by both sides.
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Posted inBusiness, Local & State, Nation & World
U.S. lobster exports to China tank in the first month with new tariff
The data is the first to reflect the impact of a trade war between the U.S. and China, which had been a growing market for Maine lobster.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: 1970s China could teach us a thing or two about Old World sustainability
Every minute, one garbage truck worth of plastic is dumped into the ocean, according to a study.
Posted inBusiness, Nation & World
China, U.S. raise tariffs in new round of trade dispute
China’s imports from the United States last year totaled about $130 billion.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Heart of trade battle with U.S. is China’s rising economic competitiveness
As its rival vies for the lead in future-oriented fields and innovation, the U.S. must intensify its efforts to be the best in education, science and technology.
Posted inBusiness, Nation & World, News, Politics
Prospect of progress on China, U.S. trade war lifts stock market
Thursday marked the Dow’s largest gain since April, the latest in a wild week for the market.
Posted inBusiness, Nation & World
China sending team to Washington to talk trade, Kudlow says
Investors express relief at the prospect of a cease-fire in the escalating trade standoff between the United States and China.
Posted inBusiness, Nation & World
China auto sales fell 5.3% in July from a year ago
Demand within the biggest global vehicle market has cooled amid forecasts of an economic downturn.
Posted inBusiness, Local & State, Nation & World, News
Auburn officials plan trade visit to China in September
The trip, which is being paid for by Fang Cheng Morrow, will include meetings on tourism, factory tours, and conversations on educational exchanges and investment in Auburn’s economy.