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U.S. Hikes Import Taxes On $200 Billion Of Chinese Goods

BEIJING (AP) — President Donald Trump’s latest tariff hikes on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade tensions. The Trump administration raised duties on $200 billion of Chinese imports from 10% to 25%. China’s Commerce Ministry said it would impose “necessary […]

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Facebook co-founder Chris Hughes: Time to break up company

Facebook co-founder Chris Hughes says it’s time to break up the social media behemoth. In a New York Times opinion piece published Thursday, Hughes said CEO Mark Zuckerberg has turned Facebook into an innovation-suffocating monopoly. Hughes called Zuckerberg’s power “unprecedented and un-American” and said his co-founder’s focus on growth “led him to sacrifice security and

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Trump Says China Tariffs Will Increase as Trade Deal Hangs in the Balance

It remains unclear whether the talks can get back on track. An administration official described Mr. Xi’s letter to Mr. Trump as conveying a nice, diplomatic tone, but noted that the word “equality” was included, suggesting that China believes the United States is demanding too much and that a trade agreement must be more equitable.

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The Latest: Trump proposes end to ‘surprise medical bills’

The Latest on President Donald Trump‘s effort to limit “surprise medical bills” (all times local): 1 p.m. President Donald Trump is ratcheting up pressure on the pharmaceutical industry to lower prices and announcing a new effort to end “surprise medical bills” for patients with health insurance. At a White House event Thursday on medical billing

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