News

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 ...
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 ...
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 ...
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 ...
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 ...
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 Quietly Exempts Key US Goods From Tariffs: Report
The news adds to a growing number of reports from China of businesses discovering that tariffs have been waived on some goods ...
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.