A notice to customers dazzled by the low-priced products on Chinese shopping apps: the days of getting trendy clothing, tools and gag gifts that cost less than lunch delivered to your door in 10 days…
BUSINESS
US trade imbalance with China: What is a trade deficit vs trade surplus? Why it matters
US has highest trade deficit in the world. Who has highest trade surplus? Here’s what trade imbalance and reciprocal tariffs mean and why it matters
‘Typical unilateral bullying practice’: China’s sharp response to Trump’s tariffs move
China expressed strong opposition to the new US tariffs, which include a 10 percent base tariff on global imports and an additional 34 per cent target
China under pressure to retaliate as US tariffs hit harder and faster than expected
Analysts say Beijing is weighing targeted countermeasures, stimulus, and diplomatic outreach as options narrow.
Trump announced double-digit tariffs on dozens of countries. Here’s what the US imports from some of the most affected ones.
Trump slapped dozens of countries with broad tariffs. They’ll impact goods the US imports from major trading partners like China and the EU.
Crypto Markets Wipe Out $150B After Trump’s Tariff Shock Rocks Global Trade
Crypto surged on Trump’s emergency tariff announcement but quickly reversed as China, Vietnam, and Taiwan faced steep rates …
How tariffs impact major sportswear brands
Countries like Vietnam where Nike, Adidas and others make their shoes and clothing face President Donald Trump’s highest trade levies.
Sneaker prices likely to rise as Trump slaps hefty tariffs on Vietnam, China, and Indonesia
Retailers may not be able to fully offset these tariffs, as countering the impact of the levies on Vietnam alone would require price increases of 10% to 12%, per analysts.
Stocks of Consumer Brands Hit Hard by Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.
Meta’s Ad Business Relies a Lot on China. Tariffs Could Hurt It, Warns Analyst.
Wieser estimates roughly $10 billion of Meta’s revenue for ads shown in the U.S. originates from advertisers located outside the country–mainly from China. In 2024, Meta received $18 billion in revenue from China, which includes…
Samsung turns to China to prop up ailing chip business
Deals with Chinese tech giant Baidu come as South Korean giant loses ground in US and navigates Washington’s curbs
China, EU threaten to retaliate over Trump’s broad reciprocal tariffs: ‘There are no winners’
Alongside Wall Street, global stock markets took a beating after Trump unveiled a 10% baseline tax on all imports, as well as higher tariff rates for some major trade partners.
Shoe Companies From Crocs to Nike Pummeled After New Tariffs Outside China
Shoe brands make an outsized portion of their products in Vietnam, Cambodia and Indonesia, and some have increased their footprints there to divert more of the supply chain away from China.
