China News Updates
Tariff Impact Threatens Critical Trucking Industries
The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.
Chinese Tariffs on US LNG Set to Reroute Global Trade Flows
China’s decision to slap tariffs on liquefied natural gas imported from the U.S. will trigger a scramble to decouple the world’s biggest buyer and seller of the super-chilled fuel.
China to Impose Tariffs on US Products, Including Oil
BEIJING — China countered President Donald Trump’s tariffs on Chinese products with tariffs on select U.S. imports Feb. 4, as well as announcing an antitrust investigation into Google.
New Tariffs Cause Concern Among Trucking Stakeholders
Trucking stakeholders are raising alarm that U.S. implementation of tariffs on Mexico and Canada will harm American truckers, cause supply chain instability and hike prices for consumers.
Trump Pauses Mexico, Canada Tariffs; China Plans in Place
WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.
China Renews Threat to Counter US Tariffs
TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.
February 3, 2025Tariff Fears Hit Autos, Chipmakers, China-Exposed Stocks
The threat of tariffs has loomed large over U.S. equities. Investors and strategists warn that high levies can reignite inflation in the country, and in turn, weigh on stocks.
White House Confirms Tariffs Set for Feb. 1
WASHINGTON — President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Feb. 1, the White House said.
January 31, 2025Musk Fights Tariffs on Graphite From China
Elon Musk’s Tesla Inc. is spearheading an effort to block new tariffs on graphite imports from China, pitting Donald Trump’s richest backer against the president’s favorite economic tool.
Panama’s President Rejects US Canal Negotiations
“It’s impossible, I can’t negotiate,” Mulino said when asked about returning the canal to U.S. control. “That is done. The canal belongs to Panama.”