China, India and Trump
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Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.
A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.
The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge,
While Sony didn’t attribute the increase to Trump’s tariffs, consumer companies have been warning for months that higher prices are on the way.
Saskatchewan Premier Scott Moe is set to meet today with federal Agriculture Minister Heath MacDonald, along with industry groups, to discuss the steep Chinese tariff on Canadian canola seed.
New bipartisan legislation aims to get “skin in the game” on trade and tariffs. The post Lawmakers take on China with new tariff bill appeared first on FreightWaves.
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Trump tariffs live updates: China turns away from Nvidia AI chip after 'insulting' Lutnick remarks
China-specific AI chip after US Commerce Secretary Howard Lutnick made comments officials found "insulting." Chinese regulators are now trying to discourage domestic tech firms from buying the H20 processor,
U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.