China, Trump and trade deals
Digest more
Trump says Aug. 1 tariff deadline won’t be extended
Digest more
China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures,
U.S. Secretary of State Marco Rubio met counterparts in Southeast Asia on Thursday during his first visit to the region since taking office, reassuring them it is a priority for Washington, despite President Donald Trump's tariffs.
Relying on Asian suppliers is no longer a safe bet for many factories in Mexico. Companies are racing to change, and they are being encouraged by the government.
President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.
The average car price in China is around $22,900 (165,000 yuan). BYD Co. Ltd., the world's largest EV maker, announced discounts of 30% or more on 20 models in late May. Its budget-friendly electric Seagull compact car saw its starting price drop to $7,750 (55,800 yuan).
President Trump is alerting countries around the world of impending tariff rates that they will face when sending goods to the United States, hitting prominent trading partners and poorer nations
United States President Donald Trump's proposed 50% tariff on copper imports would affect Mexican exports worth around US $1 billion per year.
Sweeping tariffs set to be imposed by President Donald Trump next month may overshadow his top diplomat’s first official trip to Asia.
1don MSN
The US president's tariff regime has up-ended global markets, disrupted businesses and thrown international trade into uncertainty and today's deadline is unlikely to put an end to it.