By Scott DiSavino and Sabina Zawadzki NEW YORK/LONDON, Sept 18 (Reuters) - China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world's second-largest LNG seller. Beijing on Tuesday said it would tax U.S. products worth … [Read more...]
China Sets Tariff On U.S. LNG Just as Exports Ramp Up
Sept 18 (Reuters) - China has set a 10 percent tariff on imports of U.S. liquefied natural gas just as trade of the super-chilled fuel between the two nations started to ramp up and exports from new terminals on the U.S. Gulf Coast are poised to begin. Beijing announced on Tuesday it would tax thousands of U.S. products worth $60 billion in retaliation for tariffs imposed by … [Read more...]
Trump Slaps Tariffs on $200 Billion in Chinese Goods
By David Lawder and Jeff Mason WASHINGTON, Sept 17 (Reuters) - U.S. President Donald Trump escalated his trade war with China on Monday, imposing 10 percent tariffs on about $200 billion worth of Chinese imports, but sparing smart watches from Apple and Fitbit and other consumer products such as bicycle helmets and baby car seats. Trump, in a statement announcing the new … [Read more...]
Trump Said to Want $200 Billion in China Tariffs Despite Talks
By Jennifer Jacobs, Saleha Mohsin and Jenny Leonard (Bloomberg) -- President Donald Trump instructed aides on Thursday to proceed with tariffs on about $200 billion more in Chinese products despite his Treasury secretary’s attempt to restart talks with Beijing to resolve the trade war, according to four people familiar with the matter. But an announcement of the new round of … [Read more...]
Dry Bulk Shipping Rates Plunge as Owners Fret About Trade War Impact
By Alex Longley (Bloomberg) -- When U.S. President Donald Trump fired the first salvos in his trade war with China, the market for hauling bulk commodities that power the Asian country’s economy responded with a surprising surge. Now shipowners are losing their swagger. Rates to haul iron ore and coal on 1,000-foot Capesize ships plunged by 39 percent since … [Read more...]