U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades

U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
WASHINGTON (Reuters) – U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday. FILE PHOTO: A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee Trump’s administration... Read More

Explainer: U.S.-China trade talks: where they are and what’s at stake

Explainer: U.S.-China trade talks: where they are and what’s at stake
(Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping agreed this week to meet at the G20 summit in Japan in late June to discuss how to end a nearly year-long trade war. FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping shake hands after making joint statements at the Great Hall of the People in... Read More

India to impose retaliatory tariffs on 28 U.S. goods from Sunday

India to impose retaliatory tariffs on 28 U.S. goods from Sunday
NEW DELHI (Reuters) – India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New Delhi. FILE PHOTO: A man holds the flags of India and the U.S. while people take part in the 35th India Day Parade in New York August 16, 2015. REUTERS/Eduardo... Read More

Bayer to invest 5 billion euros in weedkiller research

Bayer to invest 5 billion euros in weedkiller research
FRANKFURT (Reuters) – Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research. FILE PHOTO: Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019.... Read More

Over 600 U.S. companies urge Trump to resolve trade dispute with China: letter

Over 600 U.S. companies urge Trump to resolve trade dispute with China: letter
WASHINGTON (Reuters) – Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers. FILE PHOTO: U.S. President Donald Trump speaks at a fundraiser in Des Moines, Iowa, June 11, 2019. REUTERS/Kevin Lamarque This letter is the... Read More

Mexico, U.S. officials meet in high-stakes tariff talks at White House

Mexico, U.S. officials meet in high-stakes tariff talks at White House
WASHINGTON (Reuters) – Mexican officials met with their U.S. counterparts for talks in Washington on Wednesday aimed at reaching a deal to stave off the imposition of U.S. tariffs on Mexican goods next week, even as their government prepared to retaliate if duties go ahead. Frustrated by the lack of progress on a signature issue from his 2016 election campaign,... Read More

Possible Mexican retaliatory tariff list excludes U.S. corn -sources

Possible Mexican retaliatory tariff list excludes U.S. corn -sources
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador has received an official list of U.S. products, excluding corn, that could be subject to retaliatory tariffs if duties threatened by the Trump administration take effect, officials said Wednesday. U.S. President Donald Trump has pledged to apply a first round of tariffs on all Mexican imports next week if Lopez... Read More