Trump Announces $16B In Aid To Farmers Hurt By Trade WarPaul Gohlke, a grain farmer in Sibley County, says spring has not been kind to Minnesota's farmers. A combination of weather and world trade is hitting them hard.
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.