Treasury Declares China A 'Currency Manipulator,' Escalating Trade War
The Trump administration made the declaration after Beijing allowed its currency to drop sharply. China's move triggered a sell-off on Wall Street.
Economy
Stock Markets Take Another Hit As The Trade War With China Heats Up
World stock markets saw sharp sell-offs after China let its currency slide, the latest move in its trade war with the United States. The Dow Jones Industrial Average closed down 767 points, or 2.9%.
China's Currency Falls To Lowest Exchange Rate In 11 Years
China's central bank appears to have orchestrated the yuan's fall against the U.S. dollar. A weaker currency makes Chinese goods more competitive on the world market.
Fact Check: Trump Says North Carolina's Economy Is "The Best" In State History
President Donald Trump often talks about the thriving economy as a benefit of his presidency, and last week's rally in Greenville was no different.
What New Tariffs Mean For Shoppers
Once again, economists and retailers warn that the prices customers see in stores might go up in the months ahead.
Get Ready For Higher Prices If New Tariffs Hit Goods From China, Retailers Warn
Retailers predict rising prices if President Trump goes through with his threat to add new tariffs to Chinese imports. Meanwhile, the White House announced a deal to boost beef exports.
Trump Adviser Peter Navarro On Latest Tariffs
President Trump says the U.S. will impose a new 10% tariff on $300 billion worth of products imported from China. NPR's David Greene speaks with White House trade adviser Peter Navarro.
Japan Drops South Korea From Favored Trade List As Long-Simmering Tensions Flare
South Korea's finance minister said Seoul, in turn, will take Tokyo off its own list of trusted partners. Experts worry the dispute could undermine U.S. security ties with chief Asian allies.
With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing
The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.
News Brief: More China Tariffs, FBI Questions Americans Who Studied In China
President Trump said the U.S. will impose more tariffs on products imported from China. Also, Americans who studied in China are being questioned by the FBI and Puerto Rico's governor is resigning.