Tariff deal lowers prices for Shein, Temu
With the de-escalation of tariffs on China, you may be wondering will Temu and Shein get ultra cheap again?
China
Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war.
US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks
U.S. and Chinese officials said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks on resolving their trade disputes.
Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war
President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world’s two largest economies.
U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business.
China shrugs off threat of US tariffs to economy, says it has tools to protect jobs
China’s leaders are downplaying the potential impact from U.S. President Donald Trump’s trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports.
New port fees on Chinese ships
The U.S. is planning to impose new port fees on Chinese ships.
US stocks drop as Nvidia slides and the fog of Trump’s trade war thickens
U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump’s trade war is clouding forecasts for how they and the economy will do this year.
Trump says he’s joining tariff talks with Japan as US seeks deals amid trade wars
President Donald Trump on Wednesday inserted himself directly into trade talks with Japanese officials, a sign of the high stakes for the United States after its tariffs rattled the economy and caused the administration to assure the public that it would quickly reach deals.
US moves ahead on tariffs with investigations into computer chips and pharmaceuticals
The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals.
