Ticker: Trump moves toward new tariff on China
President Donald Trump is moving toward imposing a new tariff on China to penalize Beijing for flooding the global market with underpriced goods. Two people familiar with the matter say he’s considering a 7.5% tariff. They spoke on condition of anonymity to discuss the yet-to-be finalized deliberations. Administration officials believe the tariff won’t disrupt the trade truce with China or a planned visit to Washington by Chinese President Xi Jinping. Taiwan charges 9 over illegal AI server exports Taiwanese prosecutors have charged nine people, including one from Nvidia and two ...