The Trump administration said on Friday it would retaliate against China's latest tariffs with a tariff increase of its own.
The president tweeted that tariffs on the $250 billion of imports already in place would be raised to 30% from 25% on October 1.
Trump also said the remaining $300 billion of imports set to go into effect on September 1 would be taxed at 15%, rather than 10%.
That added to a rapid series of trade escalations between the world's largest economies.
Hours earlier,
✗ Close categories
Addiction
Apple
Arts
Asia News
British Airways
Business
Cars
Celebrity
Christianity
Cinema, Theater & TV
Conspiracy Theories
Coronavirus
Ebola
Economy
Education
Electronics
Entertainment
Environment
Fashion
Finance
Food
Funny videos
Gadgets
Games
General News
Health
International Crime
Jobs
Lifestyle
Military
Mindfulness
Movies
Music
News videos
NewsPhoto
Nightlife
Obituaries
Olympics
Organized Crime
Politics
Psychology
Recipes
Royal Family
Sci-Tech
Science
Social media
Sport
Technology
Television
Thames Deckway
Traffic
Travel
Trending UK
UK News
UnitedHealth Group Inc.
Weather
World News
✗ Close categories
✗ Close categories
✗ Close categories
Arsenal
Aston Villa
Athletics
Badminton
Baseball
Basketball
Blackburn Rovers
Blackpool
Boxing
Burnley
Cardiff City
Champions League
Chelsea
Cricket
Crystal Palace
Cycling
Darts
Everton
Formula 1
Formula 1 - Force India Videos
Formula 1 - Infiniti Red Bull Racing Videos
Formula 1 - Live Stream & News
Formula 1 - McLaren Videos
Formula 1 - Mercedes AMG Petronas Videos
Formula 1 - Sauber F1 Team Videos
Formula 1 - Scuderia Ferrari Videos
Formula 1 - Scuderia Toro Rosso Videos
Formula 1 - Team Lotus Videos
Formula 1 - Williams Martini videos
Fulham
Golf
Hockey
Horse Racing
Hull City
Ice Hockey
Leicester City
Liverpool
Manchester City
Manchester United
Middlesbrough
Motorsport
Norwich City
Philadelphia Phillies
Premier League
Queens Park Rangers
Rally
Reading
Rowing
Rugby
scarlets rugby
Soccer
Southampton
Stoke City
Sunderland
Swansea City
Swimming
Tennis
Tottenham
Tour de France
Volleyball
WC soccer 2014
Welsh Rugby Union
West Ham
Wigan Athletic
Wolverhampton Wanderers
✗ Close categories
✗ Close categories
✗ Close categories
...test
Aberdeen City
Aberdeenshire
Antrim
Aylesbury Vale
Barking and Dagenham
Barnet
Barnsley
Basildon
Bath and North East Somerset
Belfast
Bexley
Birmingham
Blackburn with Darwen
Bolton
Bournemouth
Bradford
Brent
Brighton and Hove
Bristol
Bromley
Bury
Calderdale
Cambridge
Camden
Cardiff
Central Bedfordshire
Cheshire East
Cheshire West and Chester
Cornwall
County Durham
Coventry
Croydon
Derby
Doncaster
Dudley
Ealing
East Riding of Yorkshire
Edinburgh
Enfield
Essex
Gateshead
Glasgow
Greater London
Greenwich
Hackney
Hammersmith and Fulham
Haringey
Harrow
Havering
Herefordshire
Hillingdon
Hounslow
Hull
Islington
Kirklees
Lambeth
Leeds
Leicester
Lewisham
Liverpool
London
Luton
Manchester
Medway
Merton
Milton Keynes
New Forest
Newcastle
Newcastle upon Tyne
Newham
North Somerset
North Tyneside
North West
Northampton
Northern Ireland
Northumberland
Nottingham
Oldham
Oxford
Peterborough
Plymouth
Portsmouth
Redbridge
Richmond upon Thames
Rochdale
Rotherham
Salford
Sandwell
Scotland
Sefton
Sheffield
Shropshire
Solihull
South East
South Gloucestershire
South West
Southampton
Southend-on-Sea
Southwark
St Helens
Stockport
Stockton-on-Tees
Stoke-on-Trent
Sunderland
Sutton
Swindon
Tameside
Tower Hamlets
Trafford
Wakefield
Wales
Walsall
Waltham Forest
Wandsworth
Warrington
West Midlands
Westminster
Wigan
Wiltshire
Wirral
Wolverhampton
York
✗ Close categories
✗ Close categories
✗ Close categories
Harry Styles
Aaron Taylor-Johnson
Adele
Ashley Cole
Benedict Cumberbatch
Billie Piper
Boris Johnson
Charlie Hunnam
Cliff Richard
David Beckham
DJ 3lau
DJ Above & Beyond
DJ Afrojack
DJ Alesso
DJ Aly & Fila
DJ Andrew Rayel
DJ Angerfist
DJ Armin Van Buuren
DJ Arty
DJ ATB
DJ Audien
DJ Avicii
DJ Axwell
DJ Bingo Players
DJ Bl3ND
DJ Blasterjaxx
DJ Borgeous
DJ Borgore
DJ Boy George
DJ Brennan Heart
DJ Calvin Harris
DJ Carl Cox
DJ Carnage
DJ Code Black
DJ Coone
DJ Cosmic Gate
DJ Da Tweekaz
DJ Dada Life
DJ Daft Punk
DJ Dannic
DJ Dash Berlin
DJ David Guetta
DJ Deadmau5
DJ Deorro
DJ Diego Miranda
DJ Dillon Francis
DJ Dimitri Vegas & Like Mike
DJ Diplo
DJ Don Diablo
DJ DVBBS
DJ Dyro
DJ Eric Prydz
DJ Fedde Le Grand
DJ Felguk
DJ Ferry Corsten
DJ Firebeatz
DJ Frontliner
DJ Gabry Ponte
DJ Gareth Emery
DJ Hardwell
DJ Headhunterz
DJ Heatbeat
DJ Infected Mushroom
DJ John O'Callaghan
DJ Kaskade
DJ Knife Party
DJ Krewella
DJ Kura
DJ Laidback Luke
DJ Madeon
DJ MAKJ
DJ Markus Schulz
DJ Martin Garrix
DJ Merk & Kremont
DJ Mike Candys
DJ Nervo
DJ Nicky Romero
DJ Noisecontrollers
DJ Oliver Heldens
DJ Orjan Nilsen
DJ Paul Van Dyk
DJ Porter Robinson
DJ Quentin Mosimann
DJ Quintino
DJ R3hab
DJ Radical Redemption
DJ Richie Hawtin
DJ Sander Van Doorn
DJ Sebastian Ingrosso
DJ Showtek
DJ Skrillex
DJ Snake
DJ Steve Angello
DJ Steve Aoki
DJ Tenishia
DJ The Chainsmokers
DJ Tiddey
DJ Tiesto
DJ TJR
DJ Umek
DJ Ummet Ozcan
DJ Vicetone
DJ VINAI
DJ W&W
DJ Wildstylez
DJ Wolfpack
DJ Yves V
DJ Zatox
DJ Zedd
DJ Zomboy
Emilia Clarke
Emily Blunt
Gabriella Wilde
Gary Lineker
Gemma Arterton
Gwendoline Christie
Hayley Atwell
Helena Bonham Carter
Imogen Poots
Jason Statham
John Terry
Juno Temple
Kate Beckinsale
Kate Winslet
Keira Knightley
Liam Payne
Lily Collins
Louis Tomlinson
Niall Horan
Nicholas Hoult
Paul McCartney
Prince William
Ralph Fiennes
Richard Branson
Robbie Williams
Robert Pattinson
Rosamund Pike
Sophie Turner
Theo James
Tom Hardy
Tom Hiddleston
Tony Blair
Tyree Cooper
Wayne Rooney
Zayn Malik
✗ Close categories
✗ Close categories
✗ Close categories
Accountancy
Administration
Advertising
Aerospace
Agriculture
Analyst
Animals
Antiques
Archaeology
Architecture
Arts
Astrology
Astronomy
Auto News
Automotive
Aviation
Bakery
Biotechnology
Brazil
Cabaret
Call Centre
Car News
Care
Catering
Charities
Chemistry
Child care
Cinema, Theater & TV
Cleaning Industry
Coaching
Construction
Customs
Dairy industry
Dance & ballet
Debt collection agencies
Defense
DJ
Economy
Education & Training
Electrical
Entrepreneur
Farming & Agriculture
Financial
Firefighter
Fisheries
Flowers
FMCG
Food
Fruit & Vegetables
Genealogy
General News
Government
Hair stylist
Hotel
HR & Recruitment
ICT
Insurance
IT Executive
Jobs
Justice
Landscaper
Lawyer
Legal
Library
Logistics
Marketing
Meat industry
Medical Industry
Mining
Nurse
Online Trends
Pharmaceutical Industry
Pharmacy
Physical therapy
Police
Political
PR Public relations
Production & Industry
Project Management
Psychology
Public Transport
Publisher
Real estate
Research & Development
Restaurant
Retail
Sales & Marketing
Security
SEO
Shipping
Social work
Sustainable Energy
Teacher
Telecom
Tourism
Traditional Energy
Transport
Travel Industry
Web Design
✗ Close categories
✗ Close categories
-
Trump retaliates against China, says the US will hike tariffs on imports
-
GOLDMAN SACHS: These are the 12 stocks most loved by hedge funds
Hedge funds disclosed their most recent holdings in public filings earlier this month, providing a window into which companies some of the world's most successful money managers are betting on.
Goldman Sachs put together a list of the stocks that appear most frequently in the top 10 largest holdings within hedge fund portfolios.
The "Hedge Fund VIP List" features the top long positions of fundamentally-driven hedge funds, excluding firms that use quantitative strategies or attempt to mirro -
Gold and Treasuries surge as the escalating trade war sends investors fleeing from the stock market
Safe-haven assets from Treasuries to gold surged Friday amid escalating trade tensions between the US and China.
Tensions are likely to continue and add volatility to markets, said Bill Adams of MFS Investment Management. Commodities and oil slid as well. Stocks pared losses into the market close.
Read more on Markets Insider.
Investors are piling into safe-haven assets once again as the trade tensions between the US and China heat up.
Gold surged nearly 2% to $1,537. -
The Dow plummets more than 600 points after Trump vows to retaliate against China's latest tariffs
Stocks spiraled downward on Friday after President Donald Trump tweeted that the US would retaliate against China's latest round of tariffs.
The Dow Jones Industrial Average closed down more than 600 points, shedding 2.4%.
Markets began the day lower after China announced that it planned to impose tariffs on $75 billion worth of US products.
Those losses were pared before Trump's comments, after Federal Reserve Chairman Jerome Powell didn't rule out further rate cuts this year during his speech -
A former New York Times staffer quietly left the paper after revealing he had solicited charitable donations from Jeffrey Epstein
Former New York Times financial journalist Landon Thomas Jr. left the paper after revealing to editors he solicited charitable donations from Jeffrey Epstein, NPR reported Thursday.
Thomas Jr. reportedly told his editors he became friends with the disgraced financier after profiling him in 2008. He had asked Epstein to make a $30,000 donation to a Harlem cultural center in 2017.
The Times issued a statement confirming his exit and called his solicitation "a clear violation" of their ethics polic -
Facebook is reviewing hundreds of its official 'Facebook Marketing Partners' over Instagram data-scraping issues (FB)
Instagram is reviewing all of its hundreds of official marketing partners to ensure they're not scraping data.
The move comes after Business Insider discovered multiple companies were openly flouting Instagram's rules.
The Facebook-owned photo-sharing app is also going to invest in developing better data-scraping-detection tools.
Instagram has taken action against several of the violating companies and is investigating the others.
Click here for more BI Prime stories.Facebook is launching a revi -
Bernstein warns that retirees' returns from 401(k) plans could be on borrowed time. Here's how that could make inequality worse and alter the entire investing business.
The Bernstein analyst Inigo Fraser-Jenkins said 401(k) plans and other defined-contribution retirement strategies might struggle in the years to come — and he's urging pension-management firms to come up with solutions.
Fraser-Jenkins said weaker returns and a shrinking stock market were challenging the premise behind defined-contribution plans.
He also said inequality would get worse if the financial industry didn't do something about it.
Fraser-Jenkins said the government could ultimatel -
John Lewis, Three, Ovo: 5 things that mattered this week and why
Retailers lead brand health ranking
We have become all too used to headlines lamenting the death of the high street in recent years, and with good reason.
Yet YouGov’s latest annual BrandIndex health rankings reveal the top three healthiest brands in the UK are all retailers – each with very different brands and propositions.
While John Lewis, this year’s number one, survives on reputation, Ikea takes second place because it is seen as good value for money – something Jo -
GoCompare overhauls brand as sector moves on from ‘shouting loudest’
GoCompare is overhauling its brand, introducing a new look and feel, new marketing campaign and new positioning as it looks to make its point of difference clear in an increasingly competitive market.
The shift is being led by CMO Zoe Harris, who joined GoCompare almost a year ago from Reach (previously Trinity Mirror). The brand direction aims to better tell GoCompare’s story as a founder-led business that she says puts the focus on offering customers the best deal, rather than the cheape -
Marketers say automation is a key focus but many lack skills
Marketers are optimistic about automation and the benefits it can bring to the workplace, and are often further ahead in their automation journey than other professionals. But there is a growing knowledge gap and many feel unsupported in their efforts to upskill.
According to a new study from recruiting firm Hays, 79% of marketers say digital transformation is a primary or secondary focus for their organisation and 55% believe automation will allow people to add greater human value to an organis -
The Telegraph attracts subscribers via WhatsApp
via warc.comThe Daily Telegraph, the UK’s second largest weekday quality newspaper by circulation, has found that users of its WhatsApp audio service are 12 times more likely to become paying subscribers than the average reader on its homepage. -
The key to Gen Z shoppers? Offline experiences with digital touches
via warc.comGen Z may be the first generation of digital natives, but insight from AS Watson Group shows that in the beauty category they predominantly prefer in-store shopping. -
OOH ad revenue is at its highest level for 12 years
via warc.comOut of home advertising revenue in the US increased by 7.7% year-on-year in the second quarter of 2019, representing its highest rate of quarterly growth since 2007, the latest trade figures have revealed. -
How ads can help combat drunk driving
via warc.comAds seeking to discourage driving under the influence (DUI) of alcohol may benefit from placing greater emphasis on the positive implications that can result from avoiding this activity, a study in the Journal of Advertising Research (JAR) has... -
Fitbit supports public health in Singapore
via warc.comFitbit, the US wearables firm, has secured a deal with the government of Singapore to supply fitness trackers and other services for up to one million people, as part of a major initiative to improve public health in the city state. -
EU plans to clamp down on facial recognition
via warc.comFifteen months have passed since the European Union introduced tough data privacy laws with its General Data Protection Regulation (GDPR) and now it is reported that the EU plans strict limits on the use of facial recognition technology.
28 Aug 201927 Aug 201926 Aug 201925 Aug 201924 Aug 201922 Aug 201921 Aug 201920 Aug 201919 Aug 201918 Aug 2019
Follow @sales_mrktinguk on Twitter!

