Browsing Tag

Tariff

US-China Agree on 90-Day Tariff Suspension

May 12, 2025

Following intensive talks in Geneva, US Treasury Secretary Scott Bessent announced that Washington and Beijing have agreed to suspend mutual tariffs for 90 days. The US will lower tariffs on Chinese goods from…

WORLD

US–South Korea Tariff Deal Talks Underway

Apr 25, 2025

South Korea and the US have agreed to prepare a trade agreement package by July 8 following high-level talks in Washington. South Korean Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun met with US Treasury Secretary…

WORLD

China Hikes Tariffs on US Goods to 84 Percent

Apr 9, 2025

China raised tariffs on US imports from 34% to 84% starting April 10, escalating tensions in an ongoing trade dispute. Beijing also imposed export controls on 12 US firms and added six more to its “unreliable entities list.” The…

WORLD

Trump Defends Tariffs

Apr 9, 2025

Former U.S. President Donald Trump claimed the U.S. earns nearly $2 billion daily from tariffs and pledged to revive the coal industry. Speaking at a White House event with miners, Trump said tariffs on steel, aluminum, and other imports…

WORLD

Trump Announces New Trade Policy with High Tariffs

Apr 3, 2025

US President Donald Trump unveiled a new economic doctrine, imposing a 25% tariff on foreign-made automobiles and additional tariffs on various countries, including China (34%), the EU (20%), and Japan (24%). Calling past trade policies…

WORLD

Trump Announces 25 Percent Tariff on Imported Cars

Mar 27, 2025

US President Donald Trump signed a decree that foresees a 25 percent tariff on imported cars in order to increase domestic production at a signing ceremony at the White House. Reiterating his claim that other countries have benefited…

WORLD

Canada Imposes 25 Percent Tariff on US Goods Worth $29.8 CAD

Mar 13, 2025

Canadian ministers announced at a joint press conference regarding retaliation against the US yesterday that an additional 25 percent tariff will be imposed on various products worth 29.8 billion Canadian dollars imported from the US as of…

WORLD

China Criticizes US Tariffs, Warns of Retaliation

Mar 7, 2025

Chinese Foreign Minister Wang Yi criticized US tariffs on China, stating that economic relations should be mutually beneficial and warning that Beijing would respond to pressure. At a press conference during the National…

WORLD

China Hits Back with Tariffs and Google Probe

Feb 4, 2025

China announced retaliatory tariffs on U.S. imports and launched an antitrust investigation into Google following Washington’s decision to impose additional duties on Chinese goods. Starting February 10, Beijing will…