U.S. Commerce Secretary threatens to continue ratcheting up trade pressure until China makes structural changes to its economy, doesn't see major economic upheaval as a trade war risk.
Some companies are boosting production in anticipation of tariffs. Others are scrambling to find new markets for perishable products and holding off on hiring and capital investments.
European Commission President: EU is prepared to respond by targeting imports of Harley-Davidson Inc. motorbikes, Levi Strauss & Co. jeans, and U.S. bourbon whiskey.