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White House, China

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.

Trump doubles down on China tariffs

CBS News on MSN · 7h

China exports to U.S. plunge as tariffs hit, leading some experts to warn of product shortages

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

Bloomberg on MSN · 1d

China Vows Steps to Ease Exporters’ Pain as Trump’s Tariffs Hit

Chinese officials vowed to provide more support for exporters affected by US President Donald Trump’s tariffs, showing greater urgency to shore up the crucial sector while denying having had any trade talks with Washington.

Reuters · 1d

Amid Trump tariffs, China's trade and economy tsar steps into spotlight

Donald Trump has repeatedly urged Xi Jinping to call him for discussions about a potential trade deal. But any off-ramp to the economic tensions will likely run through Vice Premier He Lifeng, who is Xi's Sino-American trade tsar.

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.

SHEIN drastically raises prices in response to tariffs

NBC News · 21h

Temu and Shein raise prices after tariffs on China

Massive online retailers Temu and Shein raised prices on their products after the Trump administration imposed new tariffs on China and closed a loophole that allowed duty-free shipment of low-cost Chinese goods to U.

Fox Business on MSN · 23h

Shein drastically raises prices in response to tariffs: report

The e-commerce company Shein, which was founded in China, rolled out U.S. price increases on a broad range of items starting Friday, Bloomberg reported.

The Daily Beast · 1d

Shein Hikes Prices by Up to 377 Percent Thanks to Trump’s Tariffs War

Chinese fast-fashion giant Shein hiked its prices for American customers by up to 377 percent in order to offset the costs of President Donald Trump’s tariff war. In what looks to be an early indication of how the Trump administration’s escalating tariffs will impact consumers,

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 ...

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 ...

2don MSN

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.

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