The United States and China are unlikely to settle all their disputes before Presidents Donald Trump and Xi Jinping meet Thursday in Busan, South Korea. But both sides appear poised to announce limited progress on rare-earth exports, technology trade restrictions, and agricultural purchases — a move intended to calm jittery …
Read More »U.S., China Near Deal to Avert 100% Tariffs as Trump, Xi Plan Meetings
The United States and China are nearing an agreement to avert a sweeping 100% tariff on Chinese goods, and Presidents Donald Trump and Xi Jinping are expected to meet soon to finalize the deal, Treasury Secretary Scott Bessent said Sunday. In an interview on NBC News’ Meet the Press, Bessent …
Read More »Trump Slaps 100% Tariff on Chinese Goods, Rekindling Trade War
President Donald Trump announced Friday that his administration will impose a 100% tariff on all Chinese goods “over and above any tariff that they are currently paying,” a move that reignites tensions between Washington and Beijing after months of trade negotiations that had appeared to ease hostilities. In a Truth …
Read More »Trump Slaps 100% Tariffs on Imported Drugs, Expands Trade War to Trucks and Furniture
President Donald Trump on Thursday announced sweeping new tariffs targeting a wide range of imported goods — including a 100% tariff on branded prescription drugs, 25% on heavy-duty trucks, and 50% on kitchen cabinets — in what he called a move to protect U.S. manufacturers and reduce reliance on foreign …
Read More »Trump Announces Sweeping New Tariffs, Sparking Trade War Concerns
President Donald Trump has unveiled a sweeping set of tariffs on imports from around the world, including a baseline 10% tariff on all U.S. imports and higher “reciprocal tariffs” on specific countries, in an aggressive move to reshape U.S. trade policy. The announcement, made Wednesday in the White House Rose …
Read More »U.S.-Made Beer, Bourbon, Motorcycles and More on Tariff List in Trump Trade War with EU
The European Union released a lengthy list Wednesday of U.S. goods, from Kentucky bourbon to household appliances, slated for retaliatory tariffs in response to President Donald Trump’s taxes on steel and aluminum imports that went into effect overnight. The 27-nation bloc announced late Tuesday it plans to impose the countermeasures …
Read More »Trump Imposes Sweeping Tariffs on Canada, Mexico, and China
President Donald Trump has moved forward with sweeping tariffs on nearly all imports from Canada and Mexico, marking a major escalation in global trade tensions. The U.S. will begin collecting a 25% tariff on most goods and a 10% levy on Canadian energy products, while also increasing tariffs on Chinese …
Read More »Trump’s New Tariffs on Mexico, Canada, and China: What It Means for U.S. Consumers and Businesses
President Donald Trump has announced a new wave of tariffs on America’s three largest trading partners—Mexico, Canada, and China—raising concerns about inflation, economic growth, and international trade relations. What Are Trump’s New Tariffs? ✅ 25% tariff on Mexican imports ✅ 25% tariff on Canadian imports ✅ 10% tariff on Chinese …
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