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Tuesday, May 6, 2025
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US china trade war

US Seeking Tariff Talks With China Amid Mounting Economic Pressure: Report

US Seeking Tariff Talks With China Amid Mounting Economic Pressure: Report

01 May 2025

The United States has reached out to China in a bid to initiate discussions over President Donald Trump’s steep 145% tariffs, Reuters reported on Thursday, citing a social media account linked to Chinese state media—potentially signalling a thaw in an otherwise tense trade relationship. According to Yuyuan Tantian, an account...

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US Economy Shrinks Sharply as Trump’s Tariff Moves Rattle Markets

US Economy Shrinks Sharply as Trump’s Tariff Moves Rattle Markets

30 Apr 2025

The U.S. economy shrank in the first quarter of 2025, marking its worst performance since 2022, as President Donald Trump’s sweeping and abrupt policy changes, particularly on trade, sent shockwaves through businesses and consumers, CNN reported on Wednesday. According to data released by the Commerce Department, the country’s GDP declined...

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US Slaps 245% Tariffs On Chinese Imports Amid Escalating Trade War, Cites National Security Concerns

US Slaps 245% Tariffs On Chinese Imports Amid Escalating Trade War, Cites National Security Concerns

16 Apr 2025

The United States has imposed tariffs as high as 245% on imports from China due to the latter’s retaliatory measures, as confirmed by the White House on Tuesday. This latest move in the ongoing trade war between the two countries signals an intensification of the economic conflict. In addition to...

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China Reportedly Halts Boeing Deliveries, Trump Responds

China Reportedly Halts Boeing Deliveries, Trump Responds

15 Apr 2025

US President Donald Trump has accused China of backtracking on a major Boeing deal, following a report that Chinese authorities have directed domestic airlines to stop taking deliveries of aircraft from the American aerospace giant. China Pauses Boeing Aircraft Deliveries The remarks came in a Truth Social post on Tuesday,...

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Johnson & Johnson Projects $400 Million In Tariff-Related Costs, Citing Trade Tensions With China

Johnson & Johnson Projects $400 Million In Tariff-Related Costs, Citing Trade Tensions With China

15 Apr 2025

Healthcare conglomerate Johnson & Johnson expects to face approximately $400 million in tariff-related costs this year, largely due to ongoing trade tensions involving China, The Associated Press reported on Tuesday, quoting the company’s chief financial officer. Speaking on a conference call with analysts following the firm’s latest earnings results, CFO...

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US-China Trade Dispute: Beijing Orders Domestic Airlines To Stop Deliveries Of Boeing Jets, American Aviation Parts

US-China Trade Dispute: Beijing Orders Domestic Airlines To Stop Deliveries Of Boeing Jets, American Aviation Parts

15 Apr 2025

Amid escalating trade tensions between China and the US, Beijing has ordered its airlines not to take any further deliveries of Boeing jets, Bloomberg reported on Tuesday. The latest development comes amid the trade face-off between the US and China following the Donald Trump administration's imposition of 145 percent tariffs...

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US-China Trade War: What Do The Two Economic Giants Import And Export?

US-China Trade War: What Do The Two Economic Giants Import And Export?

10 Apr 2025

US-China Trade War: The ongoing trade tensions between the United States and China continue to shape global markets, with tariffs and retaliatory measures impacting various industries. President Donald Trump announced a temporary pause on higher tariffs for most countries but intensified trade restrictions on China. Trump’s Tariff Pause In a...

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Trump Says He’s Waiting For Call From China to Start Trade Negotiations

Trump Says He’s Waiting For Call From China to Start Trade Negotiations

08 Apr 2025

US President Donald Trump said on Tuesday that he is waiting for a call from China to begin trade negotiations. In a post on Truth Social, Trump shared that he had recently had a "great call" with South Korea's acting president, discussing a range of issues, including the country’s trade...

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China Vows To ‘Fight to The End’ After Trump Threatens Additional Tariffs

China Vows To ‘Fight to The End’ After Trump Threatens Additional Tariffs

08 Apr 2025

China has vowed to "fight to the end" after President Donald Trump threatened to impose an additional 50% tariff on Chinese imports amid the ongoing trade dispute between the two global powers, The Associated Press reported. On Tuesday, China's Commerce Ministry issued a strong statement condemning the U.S. tariffs as...

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Trump Threatens to Impose 50% Tariffs on China as Trade War Intensifies

Trump Threatens to Impose 50% Tariffs on China as Trade War Intensifies

07 Apr 2025

As tensions escalated in America's ongoing trade dispute with China, President Donald Trump on Monday said the US would impose an additional 50% tariff on Chinese goods if Beijing does not back down from its newly announced 34% retaliatory tariff by Tuesday. Trump accused China of continuing a pattern of...

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