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China Retaliates With Higher Tariffs as Trump Defends U.S. Approach

WASHINGTON — The United States and China escalated their trade fight on Monday as Beijing moved to raise tariffs on nearly $60 billion worth of American goods in retaliation for President Trump’s decision to punish China with higher tariffs on a slew of imports. China’s finance ministry announced that it was raising tariffs on a

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China Strikes Back With Plans To Hike Tariffs On $60 Billion Of U.S. Imports

WASHINGTON/BEIJING (Reuters) – China said on Monday it would impose higher tariffs on a range of U.S. goods, striking back in its trade war with Washington shortly after U.S. President Donald Trump warned it not to retaliate. China’s finance ministry said it plans to set import tariffs ranging from 5 percent to 25 percent on 5,140

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Mercedes Maker Sets A New Standard For Auto Industry Climate Targets, Yet Still Falls Short

Mercedes-Benz owner Daimler AG has set the most ambitious target of any major automaker to cut its planet-warming emissions, promising a fully carbon-neutral fleet of passenger cars by 2039. The German company said Monday that electric vehicles will make up more than half its total car sales by 2030, and that it’s working to roll

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