US and China Slash Tariffs
(theverge.com)
The United States and China have mutually agreed to a 90 day reduction on tariffs implemented in April, marking a significant attempt to de-escalate the trade war between the world’s two largest economies.
The United States and China have mutually agreed to a 90 day reduction on tariffs implemented in April, marking a significant attempt to de-escalate the trade war between the world’s two largest economies.
Canadian companies shift focus to Europe for exports, growth
(theglobeandmail.com)
Andréanne Passarelli and her colleagues at Montreal-based Videns have been breathing a sigh of relief lately, thanks to a decision they made a few years ago not to expand into the United States and to head to Europe instead.
Andréanne Passarelli and her colleagues at Montreal-based Videns have been breathing a sigh of relief lately, thanks to a decision they made a few years ago not to expand into the United States and to head to Europe instead.
Businesses are rerouting shipments to Canada
(theglobeandmail.com)
A growing number of businesses are rerouting U.S.-bound shipments from China to Canada to avoid crushing tariffs in hopes of a swift resolution to the escalating trade war.
A growing number of businesses are rerouting U.S.-bound shipments from China to Canada to avoid crushing tariffs in hopes of a swift resolution to the escalating trade war.
De minimis: US small parcels loophole closes pushing up Shein, Temu prices
(bbc.com)
A duty-free loophole for low-value packages has been closed by President Donald Trump, pushing up prices for US customers of firms like Shein and Temu.
A duty-free loophole for low-value packages has been closed by President Donald Trump, pushing up prices for US customers of firms like Shein and Temu.
DHL suspends high value US deliveries
(bbc.com)
DHL Express is suspending deliveries to the US worth more than $800 (£603) because of a "significant increase" in red tape at customs following the introduction of Donald Trump's new tariff regime.
DHL Express is suspending deliveries to the US worth more than $800 (£603) because of a "significant increase" in red tape at customs following the introduction of Donald Trump's new tariff regime.
U.S. Gas Exports to China Stopped After Beijing Imposed Tariffs
(nytimes.com)
China has stopped buying liquefied natural gas from the United States after imposing a 15 percent tariff on these shipments on Feb. 10, ship tracking data shows, in the latest sign that Beijing continues to decouple from the U.S. economy.
China has stopped buying liquefied natural gas from the United States after imposing a 15 percent tariff on these shipments on Feb. 10, ship tracking data shows, in the latest sign that Beijing continues to decouple from the U.S. economy.
Chinese suppliers are offering U.S. sellers a tariff solution–but it's not legal
(fortune.com)
Exclusive: Chinese suppliers are offering U.S. Amazon sellers a tariff solution—but it’s not legal
Exclusive: Chinese suppliers are offering U.S. Amazon sellers a tariff solution—but it’s not legal
China raises tariffs on US goods to 125% and says it won't respond any further
(bbc.com)
China raises tariffs on US goods to 125% as the trade war with the US over Donald Trump's global tariffs escalates
China raises tariffs on US goods to 125% as the trade war with the US over Donald Trump's global tariffs escalates
Amazon's Chinese sellers to raise prices or quit US market as tariffs hit 145%
(arstechnica.com)
Chinese companies that sell to US customers on Amazon are reportedly preparing to raise prices or quit the US market because of tariffs imposed by President Trump.
Chinese companies that sell to US customers on Amazon are reportedly preparing to raise prices or quit the US market because of tariffs imposed by President Trump.
In a Storm of Tariffs, Many Companies See China as the Safest Harbor
(nytimes.com)
Even as President Trump heaped additional tariffs on China, his barrage of trade levies on countries across Asia and unpredictability about what he might do next has encouraged some companies to hunker down in China, exactly the opposite of what he had hoped.
Even as President Trump heaped additional tariffs on China, his barrage of trade levies on countries across Asia and unpredictability about what he might do next has encouraged some companies to hunker down in China, exactly the opposite of what he had hoped.
China responses to Trump's 105% taffies with its own 84% tariffs on US goods
(bbc.com)
China retaliates with an 84% tariff on US imports, to take effect on Thursday, after accusing the White House of "bullying practices"
China retaliates with an 84% tariff on US imports, to take effect on Thursday, after accusing the White House of "bullying practices"
Trump says EU must buy $350B of US energy to get tariff relief
(politico.eu)
The European Union will have to commit to buying $350 billion of American energy to get a reprieve from Donald Trump's sweeping tariffs, the U.S. president said late Monday, dismissing Brussels' offer of "zero-for-zero" tariffs on cars and industrial goods.
The European Union will have to commit to buying $350 billion of American energy to get a reprieve from Donald Trump's sweeping tariffs, the U.S. president said late Monday, dismissing Brussels' offer of "zero-for-zero" tariffs on cars and industrial goods.
US to go ahead with imposition of 104% tariff China from Wednesday
(theguardian.com)
US president had threatened to impose extra levies unless China withdrew its 34% retaliatory tariffs today
US president had threatened to impose extra levies unless China withdrew its 34% retaliatory tariffs today
Chinese Export Restrictions Could Help Wyoming's Rare Earths Industry
(cowboystatedaily.com)
Wyoming’s rare earth minerals industry is cautiously optimistic about restrictions China has put on exporting the same rare earth minerals they mine in response to President Donald Trump’s tariffs.
Wyoming’s rare earth minerals industry is cautiously optimistic about restrictions China has put on exporting the same rare earth minerals they mine in response to President Donald Trump’s tariffs.
Trump threatens extra 50% tariff on China unless it drops retaliatory levy
(bbc.co.uk)
US President Donald Trump says he will impose additional tariffs on China, from Tuesday, if Beijing does not withdraw its 34% retaliatory tariffs on the US.
US President Donald Trump says he will impose additional tariffs on China, from Tuesday, if Beijing does not withdraw its 34% retaliatory tariffs on the US.
Reciprocal Tariff Calculations
(ustr.gov)
Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the U.S. and each of our trading partners.
Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the U.S. and each of our trading partners.
The Rest of the World Is Bracing for a Flood of Cheap Chinese Goods
(msn.com)
President Trump’s jumbo tariffs on China threaten to create a new problem for a global economy already stressed over trade: a $400 billion deluge of Chinese goods looking for new markets.
President Trump’s jumbo tariffs on China threaten to create a new problem for a global economy already stressed over trade: a $400 billion deluge of Chinese goods looking for new markets.
Countries Targeted by Trump's Tariffs May Strike Back at U.S. Services
(nytimes.com)
President Trump says he is outraged by the fact that the United States imports more goods than it sends to the rest of the world. What he rarely mentions, though, is that when it comes to services, the tables are turned.
President Trump says he is outraged by the fact that the United States imports more goods than it sends to the rest of the world. What he rarely mentions, though, is that when it comes to services, the tables are turned.
Countries apply lower tariffs on products by high-emitting "dirty" industries
(news.berkeley.edu)
Countries around the world consistently apply lower tariffs on products produced by “dirty” industries than by “clean” ones, finds a new analysis.
Countries around the world consistently apply lower tariffs on products produced by “dirty” industries than by “clean” ones, finds a new analysis.
Reverse engineering of the formula used to generate the "reciprocal tariffs"
(twitter.com)
Something went wrong, but don’t fret — let’s give it another shot.
Something went wrong, but don’t fret — let’s give it another shot.
Trump Announces Sweeping Tariffs
(apnews.com)
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars.
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars.
UK tyres meant for recycling sent to furnaces in India
(bbc.co.uk)
Millions of tyres being sent from the UK to India for recycling are actually being "cooked" in makeshift furnaces causing serious health problems and huge environmental damage, the BBC has discovered.
Millions of tyres being sent from the UK to India for recycling are actually being "cooked" in makeshift furnaces causing serious health problems and huge environmental damage, the BBC has discovered.
How Trump's tariff chaos is already changing global trade
(theverge.com)
The premise was that the side effects and the unintended consequences of globalization since World War II were creating its demise.
The premise was that the side effects and the unintended consequences of globalization since World War II were creating its demise.