White House on tariff deal with Beijing: ‘The ball is in China’s court’
- Hong Kong's Post Office will halt shipping small packages and tariff collection.
- New tariffs, as high as 145% on some goods, caused this shipping change.
- A 120% tariff on small packages will soon take effect, impacting trade.
- Trump stated, 'ball is in China's court,' amid escalating trade issues.
- Rising trade tensions may increase grocery prices for consumers in the U.S.
187 Articles
187 Articles
When Trump and Xi seek a war-ending trade deal
Suddenly, the odds of a China-US trade deal are rising anew as Xi Jinping expresses a willingness to sit down with Donald Trump’s White House. With clear pre-conditions, of course. As Bloomberg and other news outlets report, President Xi’s government wants Trump and his cabinet to tone down the rhetoric, clarify what exactly Washington seeks […] The post When Trump and Xi seek a war-ending trade deal appeared first on Asia Times.
'Jaw-dropping conflict of interest': Trump accused of new scheme to benefit from trade war
President Donald Trump's social media company is marketing "America First" accounts that would allow him to personally benefit from the tariffs that have been roiling the stock market and lopping value off the dollar.Trump Media and Technology Group (TMTG), the parent company of the social media pla...
Are China going up to 245%? That’s how the rumor began
China stated on Wednesday, April 16, that some of its exports to the United States are now subject to a “cumulative rate of up to 245 percent,” which, according to Beijing, exposes how Washington has “instrumentalized and used its levies with total irrationality.” According to the Chinese Trade portfolio in a statement, the White House previously announced in a fact sheet that the Asian country would face tariffs of up to 245 percent as a result…
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