GFM Network News

Tariffs from both trading nations took effect amid mid-level talks in Washington.  Photo: claffra/iStock/Getty Images

U.S.-China talks on trade war resume as new tariffs kick in

Beijing/Washington | Reuters – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion of products […] Read more

(Photo courtesy United Soybean Board)

China retaliates for U.S. tariffs, slaps duties on soybeans

Beijing/Washington | Reuters — China quickly hit back on Wednesday at Trump administration plans to slap tariffs on US$50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, whiskey and chemicals. The speed with which the trade struggle between Washington and Beijing is ratcheting up […] Read more