China, Trump and tariff war
Digest more
Sony joins Microsoft and Nintendo in raising gaming console prices following President Donald Trump’s tariffs on China.
Indian Prime Minister Narendra Modi welcomed improving ties with China as the two sides seek to reset relations amid mounting tariff pressure from US President Donald Trump.
The Trump tariffs present something of a mystery. Trump's new import taxes raise the cost of many imported products by nearly 20%, on average. Yet price changes at the wholesale and retail level are nowhere near that magnitude.
Ecuador, meanwhile, is closely tracking tariffs on India to seize on business opportunities, but producers there will go slow on new investments amid uncertainty over whether India and the Trump administration could strike a tariff deal, said Jose Antonio Camposano, president of National Chamber of Aquaculture of Ecuador.
KEY TAKEAWAYS Treasury Secretary Scott Bessent said the U.S. is "very happy" with the current tariff situation with China, indicating there likely won't be any immediate changes to the trade truce between the two countries.
New bipartisan legislation aims to get “skin in the game” on trade and tariffs. The post Lawmakers take on China with new tariff bill appeared first on FreightWaves.
German Foreign Minister Johann Wadephul accused China of enabling Russia’s war in Ukraine by supplying vital goods and buying Russian oil and gas. His remarks in Tokyo came ahead of Trump, Zelenskyy,
During Walmart's first-quarter earnings call, CEO Doug McMillon said the tariffs would result in higher prices, but didn't elaborate. A few days later, Trump posted to Truth Socia