US President Donald Trump on Friday reacted to China's decision to impose an additional 34% tariff on all US goods, saying that "they cannot afford to do it." “China played it wrong, they panicked - The one thing they cannot afford to do!
European stocks continued to drop shortly after the market open today, albeit at a much slower rate than yesterday’s huge losses, as investors around the world continue to reassess their trades in the wake of the Trump administration’s announcement of sweeping global tariffs.
While the world was busy figuring out Donald Trump's reciprocal tariff move and its fallout, the United States quietly made a massive military move in the Indian Ocean and Indo-Pacific region.
Chinese firms invested billions of dollars setting up Mexican factories to make products for the American market, shipping goods tariff-free under a U.S. trade pact now in peril.
The Trump administration imposed a 10% minimum tariff on all imports coming into the country and even higher tariffs on other top trading partners.
Regulators in Beijing have been told in recent weeks to hold back on granting approvals for Chinese companies wishing to invest in the US, Bloomberg News reported.
For Tim Hsu, who sells modern lamps and ceiling lights mostly to American customers, US President Donald Trump’s historic tariff announcement has upended his carefully made plans.
Countries and industries are scrambling to respond as President Donald Trump’s latest tariffs hikes upend global trade and world markets.
Canadian companies, from smaller retail businesses to third-party logistics providers, will soon start paying tariffs on low-value shipments from China and Hong Kong bound for the