Trump announced a 90-day tariff reduction to 10% for most countries but further jacked up the tax rate on Chinese imports to 125%.
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Stocks Surge After Trump Reverses Most Tariffs but Hikes China’s Rate
Ray Dalio calls for US trade deal with China
Ray Dalio, founder of the world’s largest hedge fund, called for a U.S. deal with the Chinese on tariffs and said that the next goal for U.S. President Donald Trump’s administration should be to cut…
China hits back at U.S. with 84% tariffs as Beijing says world must ‘unite against Trump’
China has hit back at new U.S. tariffs introduced on some goods. China previously said it would take ‘resolute measures’ to protect its trading rights …
China’s central bank calls on state banks to reduce US dollar purchases
China’s central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases.
Trump u-turns on tariffs, turns trade war heat on China
Trump’s turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of …
The U.S. and China Are Still in a Trade War. Here’s How Much Business They Do
President Trump on Wednesday gave the rest of the world a partial reprieve on tariffs but raised import duties to 125% on China, all but closing the U.S. to its third-largest supplier of goods. Here’s…
Why Trump is hitting China on trade – and what might happen next
There is much more to this than straightforward retaliation, writes John Sudworth, and it traces back to his first term.
Exclusive-Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to the “unprecedented blow” from President Donald Trump’s tariff hikes, the head of …
Chinese Amazon sellers mulling to hike prices or exit US market amid Trump tariff pressure
Some Chinese sellers are still shipping to the US while others are searching for alternatives, Shenzhen E-Commerce Association says.
Trump Hits Back With a 125% Tariff in Escalating Trade War With China
China had raised its duty on American goods to 84% in tit-for-tat hikes that threaten to disrupt trade between the world’s two largest economies.
China hikes tariffs on U.S. goods to 84%, as EU also retaliates against Trump tariffs
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with 104% tariff …
China’s U.S. Exports ‘Will Be Largely Wiped Out’ if Tariffs Stay, Say Economists
With President Trump’s new 84% tariff on Chinese goods in effect—on top of earlier tariffs that bring the total above 100%—China’s shipments to the U.S. could drop by more than half in the coming …
China’s consumer prices extend declines in March
China’s consumer prices fell for the second straight month in March while producer deflation persisted, as caution grows over the economic outlook amid mounting tariff risks.