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.
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.
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.
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.
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.
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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.
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.
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.