News

UPS quarterly revenue and profit drop on China tariffs; shares fall
United Parcel Service reported a decline in second-quarter profit and revenue on Tuesday, as demand took a hit from new "de ...
Chinese exports to the US could decrease by $488 billion without a trade deal, as the end of the tariff pause looms
A new tariff simulator shows Chinese exports to the US could plummet without a trade deal, and be redirected towards ...
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Are prices going up because of tariffs? Here's what we know
Prices have risen a tad on some items especially affected by tariffs. But for the most part, companies are finding ways to ...
China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1
The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be ...
Group calls on Trump to slap ‘tough tariffs’ on China in ‘Screwed’ ad
The U.S. currently tariffs Chinese goods imported into the country at a rate of 51%, while China imposes a 32.6% duty on U.S. exports.
Extension of US-China tariff pause ‘likely’ – South Korea eager to get trade pact signed, Commerce Secretary Howard Lutnick says
They’re talking right now, but the decision-maker, of course, is President Trump,” Lutnick said of the state of negotiations with China.
Both targets of Trump’s tariffs, the EU and China still can’t get along
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could ...
China Budget Gap Hits Record in Spending Blitz to Offset Tariffs
China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts to shore up ...
Trump's trade talks intensify with tariff deadline fast approaching
TACO or tariffs? An August 1 deadline looms after the European Union became the latest of the top US trading partners to ...