President Trump said he is willing to eventually lower tariffs on China because they now are so high that the world’s two largest economies have essentially stopped doing business with each other.
BUSINESS
Trump doubles down on attacking cheap Chinese imports: ‘Don’t think a beautiful baby girl that’s 11 years old needs to have 30 dolls’
President Trump re-upped his attacks on cheap Chinese imports and stood by his assertion that American children will be fine if they “have two dolls instead of 30.” “I …
China launches world’s 1st AI hospital with14 AI doctors
China has opened the world’s first AI hospital equipped with 14 artificial intelligence doctors, marking a significant milestone in healthcare technology.
7 Major Brands Raising Prices Right Now
The trade war between China and the United States is starting to seriously impact American businesses, some of which have announced plans to hike prices as a result of the tariffs. Many everyday items …
Here’s how tariffs are hitting consumer brands from Coca-Cola to Amazon
Major consumer and retail brands are reporting the effects of tariffs in their earnings calls.Some are seeing higher costs on imports, especially from China.Others are seeing less-direct effects, such …
US slams China’s unfair trade practices as 28 textile plants shut down
In 2024, the United States imported $79.3 billion worth of apparel, with 21 per cent of that coming from China
China quietly exempts about a quarter of US imports from tariffs: Sources
BEIJING – China has quietly started to exempt some US goods from tariffs that likely cover around US$40 billion (S$51.9 billion) worth of imports, in what looks like an effort to soften the blow of…
Carle Place costume company, other manufacturers say they are harmed by tariffs on Chinese imports
Carle Place costume company CEO joined other local execs to discuss how Trump’s tariff policy is impacting their operations.
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday.
Trump’s China tariffs are raising costs for wedding dresses and threatening the small shops that sell them
The higher duties on bridal gowns and special occasion dresses have raised costs for boutiques and designers across the country.
Small Packages From China Are Now Subject to US Tariffs. Here’s What to Know
President Donald Trump has ended the de minimis exemption, which previously allowed Temu, Shein, and other online retailers to send packages from China to the US valued under $800 duty-free.
From Bunge’s Viterra deal to Shein’s IPO: US-China trade war derails major cross-border deals
Trade tensions between the US and China are delaying Bunge’s Viterra deal and disrupting Shein’s IPO plans as other major listings also stall.
Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into advertising revenue.
