News

China tariffs are no longer 145%, but for small businesses in the crossfire, ‘it’s still awful’
President Donald Trump’s decision to impose a steep tax on most goods that come into America has tested the mettle of small business owners whose companies are reliant on global trade.
China's factory output resists tariff impact, retail sales disappoint
China's factory output slowed in April but showed surprising resilience, a sign that government support measures may have ...
Fed's Musalem warns tariffs could have 'significant' impact on economy despite China trade truce
St. Louis Fed president Alberto Musalem said that even after President Trump's 90-day trade truce with China, tariffs at ...
Why an economist says temporary U.S.-China tariff deal doesn't ease uncertainty
Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could ...
TikTok to Lay Off US Employees in Response to Trumps Tariffs
Learn more about why TikTok is laying off employees in its US ecommerce division, and how Trump's tariffs are making it worse ...
Trade War Truce Leaves 30% Tariff On China In Place—Why It Matters
President Donald Trump's trade war truce with China still leaves a hefty 30% tariff in place, at least for the time being, ...
APEC warns of stalling trade due to tariffs as China, US officials meet
The Asia-Pacific Economic Cooperation grouping warned that exports from a region that accounts for around half of world trade ...
abc1310d
US-China tariff pause offers hope, but uncertainty lingers, UH expert says
HOUSTON, Texas (KTRK) -- The United States and China have agreed to a temporary ... said this de-escalation is a positive move, but the impact of existing tariffs continues to affect both ...
U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas
Nearly a fifth of U.S. retail sales last year came from Christmas shopping, according to CNBC calculations based on data from ...
Beijing sees a ‘victory’ with the US tariffs truce. What’s it aiming for next?
A surprise truce in a spiraling tariff war between the US and China last week was hailed by Chinese pundits as a success for the country. But Beijing is gearing up for a rocky path in relations, and ...