China, Illumina and San Diego
A Minnesota farmer worries about the price of fertilizer. A San Diego entrepreneur deals with an unexpected increase in the cost of remodeling a restaurant. A Midwestern sheet metal fabricator bemoans the prospect of higher aluminum prices.
President Donald Trump's long-expected tariffs on Mexico, Canada and China went into effect overnight into Tuesday, raising the cost of importing goods from those countries.
China on Saturday announced retaliatory tariffs on Canadian agricultural goods products, hitting back after Ottawa slapped import duties on Chinese-made EVs.
2don MSN
Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods and a series of new export restrictions for designated U.S. entities.
3don MSN
BEIJING (AP) — The Chinese government unveiled an annual economic growth target of “around 5%” on Wednesday, despite the possible negative impact of a looming trade war with the United States, and pledged to address what it called “sluggish” consumer spending at home.
China imported $29 billion of US farm produce in 2023, more than any other country, according to the US Department of Agriculture (USDA).
A sign on Illumina’s campus in San Diego. (Photo by Mike Blake/Reuters) China announced a ban on Tuesday on imports of genetic sequencers from San Diego medical equipment maker Illumina ...
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