Trump, Europe and tariff
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Since US President Donald Trump – just days into his second term – began imposing tariffs on China for its role in the flow of deadly opioids like fentanyl into the United States, Beijing’s message has been clear.
China has been a fierce critic of sweeping U.S. tariffs that Trump announced on April 2. He later delayed the implementation of most but China, which has said it will respond with its own tariffs on U.S. imports, now faces a deadline next month to negotiate a deal.
Secretary of State Marco Rubio wants to bolster ties with Asia to counter Beijing’s power, but President Trump’s tariff threats have nations asking why they should align with Washington.
U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to follow through on a promise to essentially ban that vital cargo-handling equipment.
The Kentucky governor said the tariffs will hurt residents of his state, which Trump won overwhelmingly in 2024.
The global car industry has grappled for months to navigate the Trump administration’s trade war. That gives Swamy Kotagiri, CEO of Magna International, the largest auto-parts manufacturer in North America,
WASHINGTON — President Trump will soon travel to China — likely to talk tariffs and other issues, Secretary of State Marco Rubio revealed Friday following a meeting with his counterpart from Beijing.
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Sabrin Chowdhury, head of commodities research at BMI, says that there is a huge shortage of copper ore in China at the moment so any rerouting of Chilean copper ore originally heading to the U.S. would be good for China in the short-term,
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Crisis in China: American Middle Class Threatening CCP's RuleExplore China's economic challenges and their potential impact on the American middle class. Delve into trade deficits, tariffs, and geopolitical implications.