U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China.
U.S.-China trade talks are “moving right along,” President Donald Trump said on Thursday, striking an upbeat tone even as Chinese officials held fast to their line that existing tariffs must come off as part of a deal.
France and the U.S. on Tuesday said they would seek to ward off a trade war after Washington threatened tariffs on French products including cosmetics and handbags and Paris warned of retaliation backed by the EU.
Nordstrom's new store, located a few blocks from Central Park, marks the 118-year-old company's first flagship offering in the nation's biggest retail market and aims to reboot a format that has been fading.
Popular items such as apparel and accessories are likely to face a 15% tariff in a new round scheduled for Dec. 15, meaning prices could lift on these items and more ahead of the all-important holiday season.