Category Archives: WBAP 24/7 News

China Hits Back At US And Will Raise Tariffs On American Goods From 84% To 125%

China Hits Back At US And Will Raise Tariffs On American Goods From 84% To 125%

BEIJING (AP) — China has announced that it will raise tariffs on U.S. goods from 84% to 125%. It was the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown. While U.S. President Donald Trump paused import taxes this week…MORE

Trump Administration Says It will Exclude Some Electronics From ‘Reciprocal’ Tariffs

Trump Administration Says It will Exclude Some Electronics From ‘Reciprocal’ Tariffs

(WBAP/KLIF) WASHINGTON (AP) — The Trump administration says it will exclude electronics like smartphones and laptops from “reciprocal” tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S. It would also benefit big tech companies like Apple and Samsung and chip makers like Nvidia. U.S.…MORE