China Reacts to Trump’s New Tariffs
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PennyGem on MSN
US and China Delay Tariff Hikes With 90 Day Truce Extension
Global markets braced as Washington and Beijing neared an Aug. 12, 2025, deadline that threatened to unleash triple-digit tariffs. If no deal was struck, US duties on Chinese goods would have jumped to 145% and China’s to 125%,
U.S. tariffs on Chinese imports of around 55% are a "good status quo," but the Trump administration would like to find areas where bilateral trade could increase more freely, U.S. Trade Representative Jamieson Greer said on Tuesday.
Chinese firms are mostly less profitable than comparable US companies, leaving exporters at risk of a further hit to earnings as President Donald Trump’s tariffs sap demand, according to new research from Bloomberg Economics.
China has opened an investigation into whether Mexico's import tariffs are a trade barrier. Mexico plans to impose taxes up to 50% on over 1,400 Asian products to protect local industries.
The president of the American Soybean Association said the Trump Administration needs to make an immediate trade deal on soybeans with China.
Earlier this year, President Trump imposed tariffs on Chinese goods; China responded by implementing 20% tariffs on soybean exports.
As the U.S and China continue their ongoing trade war, farmers here in the Triad are caught in the crossfire. While dry weather is one issue for soybean farmers like John Ashe, he said tariffs on the crops are a much bigger problem.
Economists, farmers and agriculture business owners from across the Midwest gathered to discuss the impact of the Trump administration’s changing trade policies.
8hon MSN
Denver companies indicted for $1M tariff fraud, claiming Chinese-made forklifts were made in the US
Two Denver companies and their executives are indicted for avoiding $1 million in tariffs by falsely claiming Chinese forklifts were made in the United States.