News

Trump, in a major concession, says the tariff on China should be 80% — but will leave it up to Bessent
President Donald Trump on Friday set negotiating terms for his administration’s first discussions with China, which are set ...
Trump Suggests Openness to Slashing China Tariffs Ahead of Trade Talks
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese ...
A month into the trade war, China's exports to the US have already plummeted over 20%
China's exports to the US have plunged. Apollo's top economist said recently that the US could see empty shelves and a tariff ...
Retailers say they’re not feeling China tariff disruptions. They will soon.
As a massive new tariff chokes US demand for Chinese imports, local retailers who sell Chinese-made goods are preparing for ...
US Weighs Plan to Lower China Tariffs to as Low as 50%, New York Post Reports
WASHINGTON (Reuters) -The Trump administration is weighing a plan to slash the 145% tariff on Chinese imports by more than ...
US-China cargo volume plunged in April as customers reacted 'very, very fast' to tariffs, says Maersk CEO
Shipping giant Maersk expects global container volumes to grow between -1% and 4% in 2025 — down from its previous forecast ...
China’s exports to US sink, offset by trade with other economies, as US tariffs hit global trade
Shipments to the U.S. sank 21% in dollar terms as Trump’s tariffs on most Chinese exports rose to as high as 145%. With ...
Near-record US container import streak expected to snap in May due to tariffs
U.S. container imports surged in April as companies raced to avoid President Donald Trump's tariffs, which now include a 145% ...
Trump Says 80% Tariff on Chinese Goods 'Seems Right' Should Open up Its Market to US
"China should open up its market to USA — would be so good for them!!! Closed markets don’t work anymore!!!" Trump said in a ...