The tariff relief came as companies finalize orders for the winter holiday season, making the timing critical for keeping shelves stocked. American retailers and manufacturers rushed to place orders with Chinese suppliers after the United States and China announced a temporary rollback of reciprocal tariffs, creating a 90-day window to rebuild depleted inventories. RELATED: US […]

Trump raised tariffs on aluminum to 25% and ended duty-free quotas, exemptions and exclusions for steel and aluminum tariffs. India and Japan have recently notified the World Trade Organization (WTO) of potential retaliatory measures in response to U.S. tariffs on steel and aluminum. The European Union(EU) and Britain had submitted similar notifications to the WTO […]

Surge in tariffs is driving up the cost of building a new home in the U.S by nearly US$11,000, according to NAHB data. Just over a month after the U.S. administration imposed sweeping tariffs on its trading partners, David Truong, manager of the DuiDui Construction in Los Angeles, is already grappling with rising costs. RELATED: […]

The United States and China officially announce a 90-day suspension of reciprocal tariffs, easing trade tensions and opening the way for a fairer and more balanced economic dialogue. Related: European Markets Surge After China-U.S. Trade Talks On May 14, 2025, the United States and China officially suspended the reciprocal tariffs they had imposed for months, […]

The U.S. will cut tariffs on Chinese products from 145% to 30%, and China will lower its tariffs from 125% to 10%. The United States and China held talks over the weekend in Geneva and agreed to substantially reduce mutual tariffs, a significant step in easing trade tensions between the world’s two largest economies. RELATED: […]

Fed Chair Powell said current rates put officials in a position to take a ‘wait-and-see’ approach to assess the impacts of the tariffs. On Wednesday, The U.S. Federal Reserve said it will maintain the federal funds rate at 4.25 percent to 4.5 percent amid widespread concerns over sweeping tariffs on major U.S. trading partners. This […]

‘This is never going to happen. Canada is not for sale and will never be for sale,’ he stressed. On Tuesday, Prime Minister Mark Carney asked U.S. President Donald Trump to stop referring to Canada as the 51st state. RELATED: Mark Carney’s Liberal Party Wins Election in Canada Carney and Trump held their first face-to-face […]

The U.S. Treasury Secretary acknowledged that market volatility has increased due to the negotiations with China. On Wednesday, U.S. Treasury Secretary Scott Bessent assured that President Donald Trump will have the final say on any trade agreement signed with countries seeking tariff reductions. RELATED: China Defends Multilateralism and Economic Justice Ahead of Upcoming Trade Meeting […]

‘They want a piece of our market. We don’t want a piece of theirs. We don’t care about their market,’ he said. On Tuesday, U.S. President Donald Trump admitted that his administration has not yet held a meeting with China regarding tariffs, despite having claimed otherwise in recent weeks. RELATED: Venezuela´s President Nicolás Maduro Denounces […]

The U.S. film industry, however, generated a positive balance of trade, with exports 3.1 times that of imports, said Deadline. On Sunday, U.S. President Donald Trump authorized to immediately begin the process of instituting a 100 percent tariff on all movies “produced in Foreign Lands.” RELATED: China Denounces U.S. Reciprocal Tariffs at WTO Meeting In […]