Trump faces pressure from US industry over China tariff on medicines
President Donald Trump is facing pressure from U.S. hospitals and generic drugmakers to exempt medical goods from his new tariffs on Chinese imports, as they join big pharma lobbyists who have said such trade barriers will cause shortages of medicines and higher prices in the United States.
US tariffs: how Trump’s tax is hitting Big Tech and beyond
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.
Trump's Tariffs on China: How Will U.S. Consumers be Affected?
Trade restrictions on China are expected to drive up prices for electronics, clothing, household goods, and medical supplies.
China counters with tariffs on US products. It will also investigate Google
China’s State Administration for Market Regulation on Tuesday said it is investigating Google on suspicion of violating antitrust laws.
China announces counter tariffs on numerous U.S. products with U.S. levies due to take effect
China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust probe into Google and other trade measures.
China's retaliatory tariffs on crude likely to push US exports lower in 2025
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year. Exports of U.S. crude have surged more than 10 times since it lifted a 40-year federal ban on the export of domestic oil in 2015.
China strikes back at Trump, retaliating with new tariffs as it 'firmly opposes' US plan
President Donald Trump and Chinese President Xi Jinping are expected to talk in "the next couple days," White House press secretary Karoline Leavitt said Monday.
China hits back with levies on US products after Trump's tariffs take effect
China's finance ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment and some cars.
Trump’s new 10% tariffs on China take effect — Beijing responds with retaliatory taxes on US imports
The 10% additional tariff on imported Chinese goods came into force at 12:01 a.m., hours after the leaders of Mexico and Canada were able to negotiate a 30-day pause on the implementation of
How is China retaliating against US tariffs, and what impact will it have?
Within minutes of the United States hiking tariffs on all Chinese imports by 10 per cent, Beijing announced a slew of retaliatory measures in a bid to gain leverage in any future trade negotiations with Washington.
China to impose new tariffs of U.S. goods
Beijing announced that it will impose new tariffs on goods from the U.S. shortly after President Trump’s tariffs against China went into effect. NBC News’ Alice Barr explains what countermeasures China is taking against the U.
China restricts metal exports in response to US tariffs. Why they're important.
China hits back at U.S. tariffs by restricting export of crucial metals: tungsten, tellurium, bismuth, molybdenum and indium.
Pandora says U.S. tariffs on China to have limited impact
Danish jewellery maker Pandora on Wednesday said additional U.S. tariffs on imports from China have had a limited impact on ...
US Shoppers Face Fees of Up to $50 or More to Get Packages From China
Consumers and small businesses are already feeling the impact of President Donald Trump’s new tariffs, which eliminated a key ...
Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
The move to put 10% additional tariffs on imports from China will impact a small number of U.S. vehicles, but increased costs ...
US Trade Deficit Widens Significantly Ahead of Trump Tariffs
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
Trump's choice for chief trade negotiator says tariff threat is about fentanyl
The man likely to be named the United States' chief trade negotiator argued Thursday that President Donald Trump's tariff ...
USPS suspends package service from China as Trump’s tariffs kick in
The U.S. Postal Service’s decision may block or delay parcels from retailers including Shein and Temu from entering the ...