107% tariffs on Italian pasta no longer set to take effect
The U.S. Commerce Department is rolling back proposed steep tariffs which were set to take effect on over a dozen Italian pasta makers later this year.
China’s trade surplus surges 20% to a record $1.2 trillion, even with Trump’s tariffs
China’s trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald Trump’s onslaught of higher tariffs.
