US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
As President Trump entered his second term, the trade war he started with China and which former President Biden kept in place suggests taming the deficit to
Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy and bolster its position globally.
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico’s former trade chief said Monday “I say bring it
President Donald Trump told reporters hours after taking office that he was considering levying a blanket duty on Mexico and Canada on Feb. 1.
President Donald Trump is fanning the flames of a trade war with China by renewing campaign threats to up duties on products made by the sourcing superpower. In a statement to reporters at the White House on Tuesday evening, Trump said his administration was considering levying 10-percent tariffs on China starting next month.
President Donald Trump began his second administration with a blitz of policy actions to reorient U.S. government priorities.
Chinese companies moved production to Mexico to have tariff-free access to the US market under the USMCA trade deal. With President-elect Donald Trump now threatening tariffs, these companies and their Mexican hosts are planning their options if the trade restrictions come.
Some have an immediate policy impact. Others are more symbolic. Some already are being challenged by federal lawsuits.
President Donald Trump has vowed to lower prices for all Americans, but his tariff proposal could work counter to that goal.