China, Trump
Digest more
Price increases are becoming the norm amid Trump's tariff policies, with Subaru set to charge more in the US market and Walmart clashing with the president over impending inflation.
Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump's tariffs until they are ready to sell the merchandise.
American companies importing from China are quickly converting warehouses. They aim to avoid President Trump's tariffs. Bonded warehouses allow delayed tariff payments. High demand has increased prices for bonded storage.
The Trump administration’s 90-day deal to lower tariffs on China is unlikely to result in a large jump in imports in the short term, Port of Los Angeles Executive Director Gene Seroka said Monday.
While the Trump administration announced a temporary trade deal Monday slashing tariffs on Chinese goods, the rules on de minimis deliveries still include a $100 charge.
Asia Society Northern California & Seattle hosted a virtual program featuring Wendy Cutler, Vice President at the Asia Society Policy Institute. Cutler began by analyzing U.S. tariff policies, particularly toward China,
Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns.
Tariff rates keep changing, but smaller companies lack the cash reserves and inventories that insulate their larger competitors.
This year's U.S. tariff hikes of 145% left lasting economic damage and even after the Geneva talks remain high enough to continue to hurt the job market and slow Chinese growth.
With his tariff 'deals,' President Trump leaves international trade relationships even more unsettled than before.
On Tuesday, it was reported that Chinese shipments of Apple's iPhone and mobile devices to the US fell to their lowest since 2011 in April. The sharp drop highlights how US tariff