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White House, China and tariff

China caves on 125% tariff for major US export after White House predicts Beijing can't keep up

China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the tariff last month.

Fox News · 5h

White House says Trump tariffs will bring China to negotiating table

OMB Director Russ Vought discusses President Donald Trump's tariff standoff with China on 'America's Newsroom.'

Reuters on MSN · 5h

White House denounces Amazon for plan to disclose cost of US tariffs

The White House on Tuesday denounced Amazon's reported plans to disclose the cost that U.S. tariffs imposed by President Donald Trump were adding to its products, and slammed the retail giant for its past ties to China.

China, Scott Bessent and the tariffs

Fox Business on MSN · 6h

US tariffs could cost China 5–10 million jobs, 'onus' on Beijing, Bessent says

The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese goods to 145%, but scale back reciprocal tariffs on other countries for 90 days to a baseline of 10%. In response, China proceeded to boost its tariffs on U.S. goods to 125%.

U.S. News & World Report · 7h

Bessent Says China Could Lose 10 Million Jobs From Tariffs

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable.

Yahoo Finance · 7h

Tariffs Are Unsustainable for China, Bessent Says

Treasury Secretary Scott Bessent says the US tariffs put on China are unsustainable. He would not confirm if anyone from the Trump administration is talking to counterparts in Beijing. Bessent spoke at a White House press briefing.

Russian Economy Faces Trump Tariff Threat From China

The New York Times · 6h

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

Companies like Alibaba that built China’s world-leading online shopping sector are now helping its sellers find markets beyond the United States.

ABC News on MSN · 2d

Trump tariffs live updates: US won't drop China tariffs without something 'substantial'

During a press gaggle on Air Force One, President Trump was asked what it would take for him to reduce tariffs on China.

Newsweek on MSN · 4h

Russian Economy Faces Trump Tariff Threat From China: Officials

Kirill Tremasov, adviser to the governor of Russia's central bank, issued a warning amid the Washington-Beijing trade war.

China Holding Fire on Stimulus

Daily Post Nigeria on MSN · 1d

Tariffs: We’re on right side of history in trade standoff with US – China

China on Monday said it was on the right side of history in its gruelling trade war with the United States. Recall that the US President Donald Trump, since returning to the presidency in January, has imposed 10 per cent tariffs on most US trading partners and a separate 145 per cent levy on many products from China.

MarketWatch · 1d

China Holding Fire on Stimulus Despite Tariff Hits

President Trump has paused some tariffs on other countries and announced exemptions for some products, and a softened tone on China recently has raised some hopes that a trade deal with Beijing could be struck.

Reuters · 21h

China holds off on new stimulus, shows composure in US trade war

China has advanced this year's stimulus plans but is holding off on fresh measures as it tries to maintain composure, betting on Washington blinking first in a protracted trade war.

Porsche Cuts Profit Outlook Over US Tariffs

Reuters · 9h

Porsche slashes outlook as US tariffs, China slump dim prospects

Porsche's margins plunged in the first quarter, the sportscar maker said on Tuesday, forcing it to cut its outlook due to weakness in its key market China, a slowing shift to electric cars and U.S. tariffs that are disrupting the global car industry.

Bloomberg on MSN · 12h

Porsche Cuts Profit Outlook Over US Tariffs, EV Slowdown

Porsche AG expects its profit margin to slip into single digits this year, with the luxury-car maker warning about US tariffs and higher costs from weak electric-vehicle adoption.

MarketWatch · 13h

Porsche cuts outlook on China woes, U.S. tariffs

Porsche slashed its financial outlook, as the sports-car maker struggled in China and said tariffs are hurting its business in the U.S.

6hon MSN

China waives tariffs on US ethane imports, sources say

China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with ...

2hon MSN

Senate confirms former Sen. David Perdue as Trump’s US ambassador to China amid tariff showdown

The Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff ...

10hon MSN

China exports to U.S. drop sharply with tariffs in effect

The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...

4hon MSN

AstraZeneca says potential US tariffs manageable, faces another China fine

AstraZeneca expects only limited impact from potential U.S. tariffs on pharmaceutical imports, the drugmaker said on Tuesday, ...

1don MSN

China shrugs off threat of US tariffs to economy, says it has tools to protect jobs

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the ...

7hon MSN

Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite

"It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the ...

6hon MSN

Exclusive: China waives tariffs on US ethane imports, sources say