China Puts Trade Talks With US On IceTrade talks between the two nations abruptly broke off last Friday after the U.S. raised tariffs on $200 billion of Chinese imports. This week, China retaliated by imposing tariffs on $60 billion of U.S. goods.
How Do Tariffs Work?On Monday, China announced a new round of tariffs in retaliation for American tariffs that were put in place last week. President Donald Trump has argued that China will pay for the new tax on imports. But is that really how tariffs work?
China's Retaliatory Tariffs Create Unease As Trade War EscalatesIt seems that instead of a trade deal that ends this dispute, both sides are digging in for a longer, more protracted fight with consumers, retailers, farmers and manufacturers caught square in the middle.
'We Need Help Now': Minnesota Soybean Farmer Speaks Out On TariffsBrad Hovel raises hogs, cattle and corn on his farm in Cannon Falls. His family also farms soybeans – one of the products caught in the crosshairs of the growing trade war between the United States and China.