WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies.
BEIJING (Reuters) - China will impose additional 25 percent tariffs on 659 U.S. goods worth $50 billion in response to the U.S. announcement that it will levy tariffs on Chinese imports, the Chinese commerce ministry said.
(Reuters) - Wall Street stocks were down marginally on Friday after the United States announced hefty tariffs on Chinese imports and China vowed to respond in kind, stoking investor worries over an escalating tit-for-tat trade dispute.
NEW YORK (Reuters) - The U.S. dollar edged lower against the Japanese yen on Friday, as President Donald Trump announced hefty tariffs on $50 billion of Chinese imports and Beijing threatened to respond in kind, raising tensions between the world's two largest economies.
BEIJING/SHANGHAI (Reuters) - China is yet to approve U.S. chipmaker Qualcomm Inc's proposed $44 billion acquisition of NXP Semiconductors , three people close to the talks said, dismissing an earlier media report that said Beijing had already greenlit the deal.
(Reuters) - Global delivery company FedEx Corp said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are "counterproductive to U.S. economic interests."
NEW YORK (Reuters) - Share prices extended their slide across the globe in U.S. afternoon trading on Friday after U.S. President Donald Trump announced new tariffs on Chinese goods, while oil prices plummeted 3 percent over signs that supply may soon rise.
June 15 - The giant Chinese telecom equipment maker was given a reprieve from a U.S.-imposed death sentence, but is back on life support as Congress tries to undo the Trump administration's rescue deal. Robyn Mak and Jeffrey Goldfarb discuss ZTE's fate.