Toys made in China have been exempt from tariffs since President Donald Trump’s first term. That is no longer the case.
Trump’s China tariffs swing a sledgehammer at importers and cheap goods
Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational toy company from President Donald Trump’s massive new taxes on Chinese imports. “When he announced …
Trump Showed His Pain Point in His Standoff With China
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.
Trump plans to stockpile deep-sea metals to counter China, FT reports
The Trump administration is drafting an executive order to enable the stockpiling of deep-sea metals to counter China’s dominance in battery minerals and rare earth supply chains, the Financial Times reported on Saturday,
Hundreds of flights cancelled in China as strong winds hit capital
Hundreds of flights have been cancelled and train lines were suspended as gales hit Beijing and northern China on Saturday. By 11:30 local time (03:30 GMT) on Saturday, 838 flights had been cancelled at the capital’s two major airports,
Strong Winds Uproot Trees and Rattle Windows in Northern China
The city of Beijing advised residents to stay home as forecasters said the winds could be the city’s strongest in April in 70 years.
Trump’s historic China tariffs spread pain through U.S. and global economies
President Donald Trump’s rapid-fire trade war has set in motion a commercial rupture without precedent, which is rippling through the global economy in unpredictable and costly ways. The triple-digit taxes that the president has imposed on Chinese products — and China’s retaliatory measures — are expected to shrink trade between the world’s two largest economies from a recent annual peak of nearly $700 billion to almost nothing.
To instill confidence, China tries to reassure private entrepreneurs of support
As the country faces slowing economic growth and a trade war with the U.S., China has taken pains to reassure entrepreneurs by telling them they can start businesses, create jobs and benefit society.
China raises duties on US goods to 125%, calls Trump tariff hikes a ‘joke’
China hiked its levies on imports of U.S. goods to 125% on Friday, hitting back at Donald Trump’s decision to single out the world’s No.2 economy for higher duties, while dismissing the U.S. president …
China fires back — for what it says is the last time — by lifting U.S. tariffs to 125%
China on Friday fired back for what it said was the final time. China’s finance ministry raised its tariffs on the U.S., to 125%, from 84%, as the tit-for-tat continues. The China tariffs are …