News

China caves on 125% tariff for major US export after White House predicts Beijing can't keep up
China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the ...
China exports to U.S. plunge as tariffs hit, leading some experts to warn of product shortages
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...
Senate confirms former Sen. David Perdue as Trump’s US ambassador to China amid tariff showdown
The Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff ...
West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Large importers, including retailers and manufacturers, paused imports from China this month amid an escalating trade war.
Exclusive: China waives tariffs on US ethane imports, sources say
China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with ...
Time is running out to see a lessening of tariffs on China, says JPMorgan's Gabriela Santos
Gabriela Santos, JPMorgan Asset Management chief market strategist for the Americas, joins 'Squawk Box' to discuss the latest ...
Bessent Says China Could Lose 10 Million Jobs From Tariffs
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs ...
China's largest airlines deepen losses in first quarter as competition, US tariffs to weigh
China's three biggest airlines reported deeper first-quarter losses on Tuesday from the same period a year ago, amid ...
As tariffs wreck China-US exports, container rates weather storm
As U.S. tariffs freeze China exports, blank sailings and shifting traffic are helping prop up trans-Pacific container rates.