Beijing has adopted a string of market-opening measures and tariff cuts meant to help revive economic growth that slowed to a 3-decade low of 6% in the latest quarter.
tariff
Posted inBusiness
U.S. can impose tariffs on $7.5 billion of European goods, WTO rules
The decision ends a long dispute over illegal subsides to aircraft manufacturer Airbus and the European Union has promised to retaliate.
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Posted inBusiness, Local & State, News
China increases its U.S. lobster tariff, and dealers ‘can’t believe this is happening again’
The tariff on live lobster imports from the United States to China will rise from 25% to 35% on Sept. 1.
Posted inBusiness, Nation & World, News
Expect a recession by 2021, say 74% of economists in survey
President Trump has dismissed such concerns, offering an optimistic outlook for the economy after last week’s steep drop in the financial markets.