Tariffs Kicks News Today

That the economy grew by 2.1%. thats just about above the 2% growth rate. if you look at the bar chart, you see the growth has slowed down since the start of the year. manufacturing has been hit hard from the u.s./china trade war. and the positive effects from the 2017 tax cuts have tapered off. consumer spending has kept the economy going. holiday shopping is expected to be strong again this year, before the round of tariffs kicks in next month. analysts have become more concerned that weakness...

Within eight days both sides announced new tariffs. the uncertainty is a problem for americans. >> chinese buyers are saying, well, you know, i like your product. i would like to buy your product, but tomorrow it might be an additional 25%. >> reporter: buyers like liu ming who wants to buy u.s. blueberries but cant. >> translator: the tariff went from 10% to 25%. of course we cant buy from the u.s. wed lose money. its irrational. >> reporter: a set of new tariffs kicks in around june 1. a deal ...