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White House, China

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 tariff last month.

Fox News · 2h

White House says Trump tariffs will bring China to negotiating table

OMB Director Russ Vought discusses President Donald Trump's tariff standoff with China on 'America's Newsroom.'

Reuters on MSN · 3h

White House denounces Amazon for plan to disclose cost of US tariffs

The White House on Tuesday denounced Amazon's reported plans to disclose the cost that U.S. tariffs imposed by President Donald Trump were adding to its products, and slammed the retail giant for its past ties to China.

China, Bessent and tariffs

Fox Business on MSN · 4h

US tariffs could cost China 5–10 million jobs, 'onus' on Beijing, Bessent says

The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese goods to 145%, but scale back reciprocal tariffs on other countries for 90 days to a baseline of 10%. In response, China proceeded to boost its tariffs on U.S. goods to 125%.

Reuters · 6h

Bessent says China could lose 10 million jobs from tariffs

U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable.

Yahoo Finance · 4h

Tariffs Are Unsustainable for China, Bessent Says

Treasury Secretary Scott Bessent says the US tariffs put on China are unsustainable. He would not confirm if anyone from the Trump administration is talking to counterparts in Beijing. Bessent spoke at a White House press briefing.

China, Trump

Newsweek on MSN · 1h

Russian Economy Faces Trump Tariff Threat From China: Officials

Kirill Tremasov, adviser to the governor of Russia's central bank, issued a warning amid the Washington-Beijing trade war.

The New York Times · 4h

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

Companies like Alibaba that built China’s world-leading online shopping sector are now helping its sellers find markets beyond the United States.

Bloomberg L.P. · 1d

Trump’s China Tariffs Set to Unleash Supply Shock on US Economy

Good morning. Americans face a supply shock that may last all the way to Christmas. Canadians go to the polls today. And there’s been an arrest in connection with the theft of the Homeland Security Secretary’s handbag.

Porsche Cuts Profit Outlook Over US Tariffs

Reuters on MSN · 7h

Porsche slashes outlook as US tariffs, China slump dim prospects

Porsche's margins plunged in the first quarter, the sportscar maker said on Tuesday, forcing it to cut its outlook due to weakness in its key market China, a slowing shift to electric cars and U.S. tariffs that are disrupting the global car industry.

Bloomberg on MSN · 9h

Porsche Cuts Profit Outlook Over US Tariffs, EV Slowdown

Porsche AG expects its profit margin to slip into single digits this year, with the luxury-car maker warning about US tariffs and higher costs from weak electric-vehicle adoption.

EconoTimes · 11h

Porsche Slashes 2025 Forecasts Amid China Weakness and U.S. Tariffs

Porsche cut its 2025 revenue and profit margin forecasts, citing weak demand in China, rising supply chain costs, and U.S. tariffs disrupting the global auto market. The German luxury sports car maker now expects

1hon MSN

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 ...

3hon MSN

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 ...

8hon MSN

China exports to U.S. drop sharply with tariffs in effect

The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...

1don MSN

China shrugs off threat of US tariffs to economy, says it has tools to protect jobs

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the ...

6hon MSN

UAE'S ADNOC to supply US LPG to India following China-US tariffs, sources say

Abu Dhabi National Oil Company (ADNOC) will start replacing some of the liquefied petroleum gas it supplies to India with ...

Live updates: China shrugs off threat of US tariffs to economy, says it has tools to protect jobs

China’s leaders are downplaying the potential impact from U.S. President Donald Trump’s trade war, saying they have the ...

4hon MSN

Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite

"It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the ...

2hon MSN

AstraZeneca says potential US tariffs manageable, faces another China fine

AstraZeneca expects only limited impact from potential U.S. tariffs on pharmaceutical imports, the drugmaker said on Tuesday, ...

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White House, China

China, Bessent and tariffs

China, Trump

Porsche Cuts Profit Outlook Over US Tariffs

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