News for people and friends
The United States will start imposing new fees on Chinese-made or operated shipping vessels docking at U.S. ports beginning in September. The charges are less severe than earlier proposals, hinting at possible compromise.
China’s Ministry of Commerce calls U.S. tariff exemptions on electronics a ‘tiny step’ and urges a complete halt to tariffs, emphasizing the need for more substantial action in resolving trade tensions.
Facing industry backlash, the U.S. is rethinking plans to impose additional fees on Chinese shipping vessels docking at its ports.
A legal group challenges Trump’s new tariffs on Chinese imports, alleging he overstepped his authority.
Former U.S. Secretary of Commerce Carlos Gutiérrez calls for stability in U.S.-China trade relations and hopes for tariff resolution at the Boao Forum for Asia Annual Conference 2025.
Despite tariffs aimed at reducing imports from the Chinese mainland, discrepancies in trade data reveal an increase in exports to the US. Analysts point to the de minimis exemption as a possible cause.
Economist Jeffrey Sachs warns that U.S. protectionism harms both the U.S. and global economy, urging a return to open trade policies.
President Trump imposes a 10% tariff on Chinese imports, escalating trade tensions. China emphasizes that trade wars have no winners, expressing concern over the impact on the global economy.
At Davos 2025, S4 Capital’s Martin Sorrell highlights the importance of a US-China trade deal for global economic growth.
China’s business community opposes new US semiconductor export controls, warning of severe global industry impacts, and urges a halt to unilateral measures.