Record customs revenue surge fuels deeper divide in escalating U.S.-China trade war – altnews.org
3 Articles
3 Articles
(S+) China in the customs war with the USA: Visit to the largest trade center in the world
In East China, Yiwu is the world's largest trading center. When global trade stops, they first notice it here. In view of Trump's tariffs, the Chinese traders' spirit of struggle prevails.
Record customs revenue surge fuels deeper divide in escalating U.S.-China trade war
President Donald Trump’s aggressive trade policies reached a critical juncture this April, as reciprocal tariff hikes with China sent U.S. customs revenues to a record $15.4 billion monthly high, according to Treasury data. The surge, driven by steep tariffs on Chinese imports, has reignited debates over whether the administration’s aggressive stance toward Beijing will resolve unsustainable economic imbalances or instead destabilize global trad…
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