
China retaliates with new 84% tariffs as global markets fall
“The US’s practice of escalating tariffs on China is a mistake on top of a mistake,” the ministry said in a statement announcing the fresh round of levies.
“The US’s practice of escalating tariffs on China is a mistake on top of a mistake,” the ministry said in a statement announcing the fresh round of levies.
The letter from the House committee asks for information on the U of I’s Chinese International student population — claiming that relying on foreign enrollment could pose a national security threat.
Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products subject to 10% import duties. In addition, the 10% tariff that Trump placed on Chinese imports in February was doubled to 20%.
For his second term, Trump proposed various tariffs on the campaign trail and after his election, including a 60% tariff increase on Chinese imports and an additional 25% tariff on imports from Canada and Mexico.
CHAMPAIGN – Rep. Mary Miller (R-IL15) on Monday introduced a bill that would place a five-year moratorium on U.S. land purchases by foreign nationals. The Saving American Farms from Adversaries Act is Miller’s first bill of the 118th congress. According to Miller, foreign investment in U.S. farmland has tripled during the past 10 years. She
Updated February 4, 2023 at 4:15 PM ET WASHINGTON — The U.S. military shot down a suspected Chinese spy balloon off the coast of South Carolina on Saturday afternoon, the Pentagon said. “On Wednesday, President Biden gave his authorization to take down the surveillance balloon as soon as the mission could be accomplished without undue
Beginning Jan. 5, travelers to the U.S. from China will have to take a COVID-19 test no more than two days before they travel and provide negative results before they board their flights.
WASHINGTON — Illinois Congressman Raja Krishnamoorthi was part of the group that joined House Speaker Nancy Pelosi on a trip to Taiwan last week. This was the highest level U-S visit to that country in 25 years. WBEZ’s Mawa Iqbal spoke with the Schaumburg Democrat about why they went and how their trip could impact
It’s been almost ten months since the signing of the first phase of a trade agreement between the United States and China. In the lofty deal, China…
Apple Podcasts Spotify Podcasts Google Podcasts RSS Link 217 Today — Friday, Oct. 2, 2020 Today’s headlines: Pressure on Illinois House Speaker Mike Madigan is ramping up as one of his fellow Democrats announced a challenge to his speakership yesterday. Champaign County reported its 2nd COVID-19 death in as many days yesterday, for a total of 22
Higher Profits, Lower Sales For Deere In First Quarter Despite a decline in sales, profits rose for John Deere in first quarter results reported Friday morning. Profits rose four per cent to $1.63 per share, compared with $1.54 last year at this time. Worldwide sales fell four percent, to 7.6 billion dollars. For its two
OSF Healthcare Touts Emergency Care App URBANA – OSF Healthcare is encouraging people to install an app on their phone that will alert them when people nearby are in need of life-saving CPR. The PulsePoint app launched a couple years ago in Peoria and Champaign counties and recently expanded to Vermilion county. The American Heart Association says the
Judge Orders Municipalities To Refund Carle Foundation $6.2 Million URBANA – A circuit judge has ordered the city of Urbana and other local taxing bodies to refund $6.2 million in property tax payments to the Carle Foundation. In a ruling issued Wednesday, Judge Randall Rosenbaum also called on Carle and the taxing authorities to end
American schools are advising students to avoid travel to China, and some are working to evacuate students already there. The U.S. issued a “Do Not Travel” advisory for China on Thursday.
Illinois Unemployment Rates Fell in December URBANA – December unemployment rates were down from a year earlier in all fourteen of Illinois’ major metropolitan areas, according to new figures from the Illinois Department of Employment Security. The following are the rates and gain of non-farm jobs over the year from three areas: Champaign-Urbana: 3.3% Gain 3,000