Ben Werschkul
Washington Correspondent at Yahoo Finance
Washington correspondent for @YahooFinance. 📬: benw AT https://t.co/8SyyZGNziv
Articles
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2 weeks ago |
ca.finance.yahoo.com | Ben Werschkul
President Trump's total base tariff on China is actually 145%, an amount higher than the 125% previously reported and Trump himself had seemed to imply. The new topline number was made clear when the text of Trump’s executive order "modifying reciprocal tariff rates" was released Thursday morning to the media. The confusion stemmed from separate 20% duties on China over issues of fentanyl and illegal immigration that Trump had imposed in February and March.
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2 weeks ago |
sg.finance.yahoo.com | Ben Werschkul
President Trump's trade war for now is now clearly all about one country: China. That came into focus over the last 24 hours as the president paused his additional "reciprocal" tariff plans — except those applying to the world's second-largest economy. Then today, the White House confirmed the total base tariff on China is actually 145%, an amount higher than the 125% previously reported and which Trump himself had seemed to imply on social media.
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2 weeks ago |
ca.finance.yahoo.com | Ben Werschkul
President Trump's trade war for now is now clearly all about one country: China. That came into focus over the last 24 hours as the president paused his additional "reciprocal" tariff plans — except those applying to the world's second-largest economy. Then today, the White House confirmed the total base tariff on China is actually 145%, an amount higher than the 125% previously reported and which Trump himself had seemed to imply on social media.
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2 weeks ago |
ca.finance.yahoo.com | Ben Werschkul
US Trade Representative Jamieson Greer's time before Congress this week put on display the many unanswered questions about White House tariff plans that appear to confuse even GOP lawmakers. Those questions escalated Wednesday as President Trump stunned everyone yet again by announcing on social media he would authorize a 90-day pause on his reciprocal tariff plans while keeping in place the 10% duties on most of the world that went into effect last weekend.
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2 weeks ago |
yahoo.com | Ben Werschkul
Donald Trump stunned markets Wednesday with another quick pivot on trade, announcing he would authorize a 90-day pause on his reciprocal tariff plans for all countries except China and telling reporters he did so because people were getting "yippy" and "afraid.""They were getting a little bit yippy, a little bit afraid," he said Wednesday, referring to the market unrest that unfolded following his "Liberation Day" tariff announcement a week ago.
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