China says U.S. violated tariff truce
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US tensions with two key trade partners amped up on Monday after President Trump doubled tariffs on steel and aluminum and the US pushed countries for deals ahead of looming deadlines. China responded to Trump's claim on Friday that it has "totally violated its agreement" with the US,
Retailers like Macy's and Target are reducing reliance on China amid Trump's trade war, restructuring supply chains to mitigate tariff impacts and potential price hikes.
China has blasted the U.S. for issuing AI chip export control guidelines, stopping the sale of chip design software to China, and planning to revoke Chinese student visas.
China responded to President Trump on Monday, accusing the US of violating their trade agreement and vowing to protect its interests. “If the US insists on its own way and continues to damage China’s interests,
The president is set to raise tariffs on steel and aluminum this week, even as the courts are challenging the legitimacy of other levies.
Trump did not specify how China violated the agreement. A U.S. official said China appeared to be moving slowly on promises to issue export licenses for rare-earth minerals.
Gateway Commercial Finance explores how new tariffs in 2025 are reshaping U.S. state economics, impacting industries, jobs and local growth trends.
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Black women are starting to pay more for their hair care because of the Trump administration’s tariffs on goods imported from China.
After 35 years in operation, Neo-China in Durham closed its doors at the end of May. The family-owned Chinese restaurant struggled to keep up with rising operational costs, including the increased prices of imported Chinese goods that resulted from the high tariff earlier this spring.