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President Donald Trump is set to take action to ease the impact of his tariffs on US car makers, a top White House official says. “This deal is a major victory for the President’s trade policy by rewarding companies who manufacture domestically,” Commerce Secretary Howard Lutnick said in a statement provided to the Reuters news […]
Hong Kong CNN  — China appears to have quietly rolled back retaliatory tariffs of 125% on some semiconductors made in the US, according to details provided to CNN on Friday by three import agencies in the southern technology hub of Shenzhen. The . . .
Chinese online retail giants Shein and Temu have warned US customers that goods will get pricier from next week, after President Donald Trump imposed hefty tariffs on goods from China. In almost identical statements, the rival companies said they have seen operating expenses rise “due to recent changes in global trade rules and tariffs”, adding […]
Nobody is off the hook and a different tariff bucket: What Trump has saidpublished at 01:36 British Summer Time 01:36 BST Image source, ReutersImage caption, The US president said on Sunday tariffs pause was not a let off US President Donald Trump pushed back against suggestions that Friday’s pausing of “reciprocal” tariffs was letting countries […]
The China Film Administration has confirmed that it will reduce the number of U.S. films allowed to enter the country, hours after Donald Trump imposed record tariffs on Chinese products. “The wrong action of the U.S. government to abuse
Peter Hoskins Business reporter Reuters Shares in the US have bounced back, despite tariff fears hitting stocks in Asia and Europe after US President Donald Trump suggested that he was planning import taxes that could hit “all countries”. Trump’s comments came as he prepares to unveil a massive slate of import taxes on Wednesday, in […]
Many UK-based independent sellers on marketplaces such as eBay and Amazon could suffer a significant hit to US sales from planned changes to import rules under Donald Trump, with experts comparing the impact to a second Brexit. The new rules, which mean all parcels originating or made in China and being sold into the US […]
Hong Kong CNN  — Beijing announced a broad package of economic measures targeting the United States on Tuesday, hitting back after US President Donald Trump imposed 10% tariffs on Chinese imports. The fresh duties,
Comments made by President-elect Donald Trump in November on more tariffs coming once he takes office have raised fears about a new trade war. Trump said he wanted to charge a 25 percent duty on all goods coming from Canada and Mexico and he also proposed an additional 10 percent tariff on Chinese goods. The […]
Consumer sentiment index rises to 69.0 in September One-year inflation expectations dip to 2.7% from 2.8% Import prices fall 0.3% in August; up 0.8% year-on-year WASHINGTON, Sept 13 (Reuters) – U.S. consumer sentiment rose to a four-month high . . .
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