Companies that tried to avoid tariffs on China imports by moving production to Vietnam may now regret that move.
The move appears to be a massive blow to fast-fashion companies such as China-based Shein and Temu, which managed to rapidly expand in the US through the almost century-old de minimis rule. This tariff exemption will end on 2 May, the White House said on Wednesday.
The Trump administration on Tuesday issued a warning to China after Beijing announced large-scale war games in the waters and airspace around Taiwan. The joint military drills, which were launched
In its first months, U.S. President Donald Trump's administration has moved to deter China from threatening its neighbors, signalling that the U.S. will ramp up its military presence in the Indo-Pacific and offer more support to Taiwan.
Global stocks have sunk, a day after President Donald Trump announced sweeping new tariffs that are forecast to raise prices and weigh on growth in the US and abroad. Stock markets in the Asia-Pacific region fell for a second day,
The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations.
Trump has for weeks trumpeted April 2 as a "Liberation Day" that will see dramatic new duties that could upend the global trade system, with a White House Rose Garden announcement scheduled for 4 p.m.
Comedian and podcast host Bill Maher said his dinner at the White House will be similar to former President Richard Nixon‘s visit to China. “I don’t have some sort of complex where I think I can heal America.