A Trump administration order over the weekend added a 10 percent tariff to goods from China and closed the de minimis exception, a loophole that lets packages valued under $800 enter the US duty-free.
Tagged By business
China’s ‘lifeline’ labs and rich Asians’ crypto craze
A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the U.S. Entity List in 2022, conduct trials and test samples.
China’s retaliatory tariffs on crude likely to push US exports lower in 2025
China’s retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year. Exports of U.S. crude …
Crypto price predictions: Terra Luna Classic, Monero, Litecoin
It has been a difficult week for cryptocurrencies as most of them crashed following Donald Trump’s decision to impose tariffs on Mexico, China, and Canada. Most of them rebounded after the Mexico and Canada ones…
US senator introduces bill to ban AI trade with China, targeting DeepSeek and national security risks
Senate Republican Senator Josh Hawley has introduced legislation to block the import and export of the national security risk posed by artificial intelligence technology between the United States and China. People in the US could…
McKinsey Partners Question China Presence as US Tensions Mount
McKinsey & Co. partners have been questioning the consulting giant’s presence in China, worried that doing business there may not be worth the risks given the Asian superpower’s increasingly volatile …
US Shoppers Face Fees of Up to $50 or More to Get Packages From China
Consumers and small businesses are already feeling the impact of President Donald Trump’s new tariffs, which eliminated a key trade exemption for parcels worth less than $800.
China Disputes U.S. Tariffs Against Imports in World Trade Organization Complaint
China alleges that the tariffs are based on unfounded and false allegations, and are in excess of the U.S.’s bound rates in a tariff agreement from 1994.
Trump’s China focus increases odds its special trading status could end
U.S. President Donald Trump’s complaints about China’s trade practices have increased the odds that a 25-year-old U.S. law that established free trade with Beijing is repealed, trade experts said, a …
China has announced a basket of measures including tariffs, export restrictions and sanctions on US companies
China has announced a basket of measures including tariffs, export restrictions and sanctions on US companies.
Ether fell more than bitcoin off tariff jitters this week. What that says about crypto.
As concerns around President Donald Trump’s tariff plans weighed on cryptocurrencies this week, ether experienced a sharper selloff than bitcoin, extending its underperformance, despite some traders’ …
Mattel shares spike 15% after toy giant says it will raise Barbie prices because of China tariffs
Still, “Any tariff is bad for the toy business,” James Zahn … but a 10% tariff on goods from China went into effect. About 80% of all toys are made in China and the toy…
Crypto fans thought this would be ether’s big year. Then came the tariffs.
As concerns around President Donald Trump’s tariff plans weighed on cryptocurrencies this week, ether experienced a sharper selloff than bitcoin — extending its underperformance despite some traders’ …
