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Wyoming, Montana, Alaska are the Least Reliant States on Chinese Imports
Local retailers, manufacturers, and workers are bracing for uncertainty. Some states will be affected more than others. California tops the list, importing almost $123 billion worth of goods from China in 20244 – almost triple the amount imported by the next state.
President Says US, China Have Reached Deal; Sunday Tariffs Off
The U.S. also is reducing some existing tariffs on Chinese goods.
China Appeals to Washington for Quick End to Trade War
Tariff hikes by both sides on billions of dollars of imports have battered factories and farmers, weighing on global economic growth.
EU Vows to Hit Back Over US Tariffs as Businesses Count Cost
More broadly, the tariffs add to uncertainty for the global economy, which has been hit particularly hard by the U.S.’s bigger and nastier trade war with China.
China Warns US Tariffs Will ‘Escalate Trade Friction’
The United States has imposed 25% tariffs on $250 billion of Chinese products.
US Delays Tariffs on Some Chinese Goods, Drops Others
The news sent the Dow Jones Industrial Average up more than 460 points in midmorning trading.
GOP Senators Line Up Against President’s 5% Mexico Tariff Plan
Republican senators are hopeful those talks will prevent the tariffs.
Escalating Trade War Sinks Stock Indexes
The S&P 500 fell 69 points, or 2.4%, to 2,811.
Markets Right Now: Stocks Sink as Trade War Escalates
Apple is down 4.4% while Caterpillar is off by 4%.