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Tag: tariffs

An aerial view shows containers at the port in Nanjing, in China's eastern Jiangsu province on February 4, 2025. China said on February 4 it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world's two biggest economies. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

U.S. Faces Retaliation From China As Trade War Sparks Long-Term Growth Potential

China is retaliating against President Trump’s new 10-percent tariffs on Chinese imports by imposing its own tariffs on U.S. goods, including 15 percent on coal and gas, 10 percent on oil, farm equipment, and cars, effective next Monday.

Read More U.S. Faces Retaliation From China As Trade War Sparks Long-Term Growth Potential
A United States Postal Service (USPS) collection box is pictured in Washington, U.S., December 18, 2024. REUTERS/Benoit Tessier/File Photo

US Postal Service ends China parcel suspension, works to reduce disruption

The U.S. Postal Service said it would accept parcels from China and Hong Kong again after a temporary suspension of shipping low-value packages duty-free to the United States.

Read More US Postal Service ends China parcel suspension, works to reduce disruption
An aerial view shows containers at the port in Nanjing, in China's eastern Jiangsu province on February 4, 2025. China said on February 4 it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world's two biggest economies. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

U.S. Imposes 10% Tariffs On China, Beijing Retaliates With Taxes On Energy And Machinery

The Trump administration put in place new tariffs on China on Tuesday in an effort to help stop the flow of Fentanyl coming into America, with Beijing responding by announcing its own tax against U.S. imports. 

Read More U.S. Imposes 10% Tariffs On China, Beijing Retaliates With Taxes On Energy And Machinery
HERTFORD, ENGLAND - DECEMBER 04: U.S. President Donald Trump (L) ad Canadian Prime Minister Justin Trudeau (R) attend the NATO summit at the Grove Hotel on December 4, 2019 in Watford, England. France and the UK signed the Treaty of Dunkirk in 1947 in the aftermath of WW2 cementing a mutual alliance in the event of an attack by Germany or the Soviet Union. The Benelux countries joined the Treaty and in April 1949 expanded further to include North America and Canada followed by Portugal, Italy, Norway, Denmark and Iceland. This new military alliance became the North Atlantic Treaty Organisation (NATO). The organisation grew with Greece and Turkey becoming members and a re-armed West Germany was permitted in 1955. This encouraged the creation of the Soviet-led Warsaw Pact delineating the two sides of the Cold War. This year marks the 70th anniversary of NATO. (Photo by Dan Kitwood/Getty Images)

Canada Suspends U.S. Tariffs For 30 Days After Trudeau’s Call With Trump

President Donald Trump and Canadian Prime Minister Justin Trudeau have announced a temporary deal to halt the imposition of 25% tariffs on each other’s imports for 30 days while a final border security pact gets hashed out. 

Read More Canada Suspends U.S. Tariffs For 30 Days After Trudeau’s Call With Trump
Senate Minority Leader Mitch McConnell (R-KY) takes a question from a reporter during a news conference following the weekly Senate Republican policy luncheon at the U.S. Capitol on November 19, 2024 in Washington, DC. During the news conference Senate Republicans discussed U.S. President-elect Donald Trump's desire for recess appointments, if Congress will pass a continuing resolution or an omnibus bill at the end of the year, and other topics. (Photo by Andrew Harnik/Getty Images)

McConnell: Trump Tariffs ‘Bad Idea’

Former Senate Majority Leader Mitch McConnell has called President Donald Trump tariffs a “bad idea” during a “60 Minutes” interview. 

Read More McConnell: Trump Tariffs ‘Bad Idea’
HANGZHOU, CHINA - SEPTEMBER 04: Chinese President Xi Jinping (right) shakes hands with Canadian Prime Minister Justin Trudeau to the G20 Summit on September 4, 2016 in Hangzhou, China. World leaders are gathering in Hangzhou for the 11th G20 Leaders Summit from September 4 to 5. (Photo by Lintao Zhang/Getty Images)

Trudeau Responds To Trump’s Tariffs, Enacting 25% Tariffs On $155 Billion In American Goods, China Vows ‘Countermeasures’

Both China and Canada have recently come out and denounced President Donald Trump’s tariffs, vowing to enact retaliatory measures.

Read More Trudeau Responds To Trump’s Tariffs, Enacting 25% Tariffs On $155 Billion In American Goods, China Vows ‘Countermeasures’

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