The U.S. trade war with China just got kicked up another notch.
The White House on Wednesday proposed a 25 percent tariff on $200 billion worth of Chinese goods, more than double the 10 percent tax rate originally planned.
U.S. trade representatives are trying to re-engage China in trade talks to de-escalate tensions between the two countries. Advisers reportedly told President Trump that China's authorities would be more likely to yield if higher tax rates were imposed.
Last month, the administration imposed a 25 percent tariff on $34 billion worth of Chinese goods, mostly machines and components. When Beijing immediately retaliated, Trump proposed additional taxes on $200 billion in importsーthis time affecting more consumer goods like furniture and computers.
Raising the proposed tax rate on those goods means extending the deadline for public comment on the plan from August 30 to September 5.
Classified documents were found at former Vice President Mike Pence's Indiana home.
New estimates show more than $60 billion in fraudulent unemployment benefits were paid out during the pandemic, according to a government watchdog.
The Bulletin of Atomic Scientists says the world is closer to Armageddon than it has ever been.
U.S. officials say the U.S. is poised to approve sending M1 Abrams tanks to Ukraine, as international reluctance to send tanks to the battlefront against the Russians appeared to begin eroding.
Classified documents were found in former Vice President Mike Pence's Indiana home.
President Joe Biden is again calling for gun safety legislation in the wake of several mass shootings.
The Senate Judiciary Committee on Tuesday held a hearing looking into entertainment giant Live Nation's role in the botched pre-sales process for Taylor Swift's Eras tour.
Documents with classified markings were discovered in former Vice President Mike Pence's Indiana home last week, his lawyer told the National Archives in a letter — the latest in a string of discoveries of confidential information in private residences.
A second mass shooting in California, four Oath Keepers found guilty of seditious conspiracy, and Poland pushes for more tanks for Ukraine. Here is everything you Need2Know for Tuesday, January 24, 2023.
Rachel O’Leary Carmona, the executive director of the Women's March, joined Cheddar News to discuss the current state of abortion care in the United States.
