China opposes US tariff hikes, vows steps to defend its firms' interests

Economy

FILE PHOTO: Illustration shows U.S. and Chinese flags

September 14, 2024

Reuters - Reuters

BEIJING (Reuters) - Beijing firmly opposes U.S. tariff hikes on Chinese imports, China's commerce ministry said in a statement on Saturday, urging the U.S. to immediately correct its "wrongdoings" and lift all tariffs imposed on Chinese goods.

"China will take necessary measures to resolutely defend the interests of Chinese companies," the statement said.

(Reporting by Ellen Zhang and Ryan Woo; Editing by Mark Potter)

Teamsters expand strike against Amazon China's Nio introduces Firefly brand to take on BMW's Mini How CEOs are trying to be like Musk and curry favor with Trump

Business|Economy|Political|US

Amazon and Starbucks workers are on strike. Trump might have something to do with it

Amazon delivery drivers and Starbucks baristas are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract

Arts|Business|Entertainment|Lifestyle

Lovestruck Books opens in Cambridge, creating a community for romance readers

Business|Election|Political|US

'Honeymoon period is over': GOP strategist on what shutdown drama may mean for Trump

Republican strategist Lauren Tomlinson and Democratic strategist Ashley Etienne discuss the fallout from the drama over the Republican-led House of Representatives voting to pass a spending bill just hours before a government shutdown.