Scotch whisky and other goods have been subject to a 25% tariff. The levies cost companies hundreds of millions of dollars in lost exports, according to the Scotch industry.
President Trump's tariff tit-for-tat with China is not the only trade tension in town. The White House is weighing the possibility of tariffs on cars and car parts from Europe and Japan.
Most of the money — more than $3.6 billion — will go to soybean farmers. Last year, China bought nearly a third of all soybeans grown in the U.S.
As a trade war brews between the U.S. and its major trading partners, we looked into the carts of back-to-school shoppers to see how global trade might show up in their baskets
Harley-Davidson says new tariffs from the European Union are prompting the company to shift production of motorcycles sold in Europe overseas. The EU tariffs were in response to U.S. tariffs.
In the latest move in a nascent trade war, the president announced he wanted to impose a 10 percent tariff on more Chinese products, in addition to the $50 billion announced Friday.
China's retaliatory tariffs would hit farmers, who rely on exports to keep their business models going, harder than any other group, especially those raising hogs, nuts and fruit.