- With no debate, the Senate unanimously passed a bill that would cut or eliminate tariffs on toasters, chemicals and roughly 1,660 other items made outside the United States.
- Nearly half of those items are produced in China, according to a Reuters analysis of government records.
- The United States and China, the world's two largest economies, are increasingly at loggerheads over trade.
OTHER NEWS
George Yeo, a former Singapore foreign and trade minister, says there’s potential for a “global economic crisis” arising from the U.S.-China trade war. Yeo, who is now chairman of Kerry Logistics Network, says the company has profited in the short run as companies divert trade and investment to avoid tariffs. He says that the best […]
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