News for people and friends
U.S. President Donald Trump’s new tariff policy imposes a 145% tariff on imports from the Chinese mainland, shaking up global trade. Expert insights on how this move could reshape the world economy.
Experts warn that escalating tariffs on China could hurt American consumers more than anticipated, while China’s economy shows resilience amid the trade dispute.
Trade and tariffs dominate discussions at the Harvard College China Forum, where experts and youth explore the impact of U.S. policies on the global economy and the importance of understanding international trade.
The Chinese mainland announces a 34% tariff on U.S. imports starting April 10 in response to U.S. ‘reciprocal tariffs’. The move escalates trade tensions between the two economic powers.
Several Chinese chambers of commerce have voiced strong opposition to the U.S.’s ‘reciprocal tariffs,’ calling for unity and urging the U.S. to reconsider its trade measures.
China’s metals industry group opposes U.S. ‘reciprocal tariffs,’ warning they could harm both economies and global trade.
The US ban on exporting technologies to Chinese firms may not work as intended, with experts pointing out that China can find alternatives.
TSMC is facing increased pressure from the U.S. to expand investments, highlighting geopolitical tensions affecting the global semiconductor industry and the economy of the Taiwan region.
President Trump’s proposal to impose hefty “service fees” on Chinese ships entering U.S. ports raises fears of a trade crisis and questions about America’s long-term economic strategy.
Potential U.S. fees on Chinese-made ships could disrupt global supply chains, experts warn, as the Trump administration considers levies aimed at reducing China’s dominance in the shipping industry.