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Tag Archives: Economy

Farmers say Chinese tariffs could hurt Illinois economy – News – Journal Star

Maximilian Kwiatkowski of GateHouse Media Illinois SPRINGFIELD – China's new round of retaliatory tariffs against the US could hurt Illinois's economy, according to farmers and business leaders. On Wednesday, the Chinese government unveiled an expanded list of American products, including soybeans, on which it imposed tariffs. Tariffs mean higher prices for American goods, making them less likely to be bought. …

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Uneasiness is spreading in the agricultural economy, with China targeting US soybeans

To be clear, some farmers support Trump's strategy to hold China accountable for national security concerns on trade issues, but also about unintended consequences and the long-term impact on access to China, a lucrative market with growing middle-class growth, which demands more food. At the same time, it creates a situation where global agricultural vendors such as the European Union, …

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USDA Announces Recall | local news

WASHINGTON – Good Foods Group, LLC, a Pleasant Prairie, Wisconsin, recalls about 130 pounds of ready-to-eat curry chicken salad products caused by bad burns and one undeclared allergen, the Food Department of the US Department of Agriculture Safety and Inspection Service (FSIS) Announced Products contain tree nuts, especially cashew nuts, a known allergen that is not listed on the product …

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6 things to know before the bell

Click on the chart for more detailed data. . 1 China Strikes Back: US stock futures fell sharply on Wednesday after Beijing had announced plans for high new tariffs on dozens of other US goods. The Chinese Department of Commerce has announced that it will introduce a $ 50 billion 25-percent duty on US exports, including aircraft, soybeans, and cars. …

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Musk's spotty prophetic record mixes Tesla's insurance on cash

Tesla Inc. investors, who are having more trouble than usual lately, calibrating Elon Musk's high goals and predictions, have reason to be wary of his electric vehicle manufacturer's latest claim. The worst month for Tesla shares in more than seven years, the company reported a rate of Model 3 sedan production, which in turn missed its forecast, while the next …

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China says, "It's only polite to abide by US tariffs"

China Photo Press | Getty Images Containers are being stacked in a port on March 1, 2016 in Lianyungang, China's Jiangsu province China on Tuesday denounced the US announcement of tariffs on Chinese imports worth $ 50 billion and said it would "Take appropriate action of equal size and strength over US products." "The Chinese side strongly condemns and rejects …

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For Trump, Syria is all about the economy – and private jumbo jets

"Without us, you would not survive for two weeks, you would be overrun, and you would have to fly commercially," Trump recently told a golf leader in a conversation he later praised to friends. As Presidential National Security Team Prepares Options for Syria Advisors and officials say economic factors – and not concerns about global security – have enlivened Trump. …

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US names Chinese products under the proposed tariffs

Yuri Gripas | Reuters President Donald Trump will hold comments on the Infrastructure Initiative at Richfield, Ohio's local 18 Richfield Training Grounds on March 29, 2018 in Richfield, Ohio. President Donald Trump has released a list of Chinese imports on Tuesday stating a crackdown on what the president considers unfair trading practices.

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