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Trump, who has threatened to slap tariffs of 10% to 60% on goods from China, takes office on Jan. 20. During his first term, Trump mainly targeted Chinese parts and components.
As a candidate, Trump proposed sweeping and across-the-board tariffs: up to 20% on imports from all countries, with a 25% tax on goods from Mexico and Canada, plus a 60% tariff on goods from China ...
The final tariff decision does provide some temporary relief for U.S. port operators who were facing a new 25% tariff on massive ship-to-shore cranes, an industry that China dominates with no U.S ...
China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.
WASHINGTON (Reuters) - U.S. lawmakers introduced a bipartisan bill on Thursday that would revoke China's preferential trade status with the United States, phase in steep tariffs and end the "de ...
Implementing additional 25% tariffs on imports from Mexico and Canada and an extra 10% on goods from China (Truth Social post, Nov. 25, 2024) Instituting a 10% to 20% tariff on all U.S. imports ...
Since 2018, Chinese electric vehicle imports have increased from $7.2 million to $388.8 million – but were only 2% of all US electric vehicle imports, according to the US International Trade ...
A March 2018 Quinnipiac University poll showed widespread disapproval of the tariffs, with only 29% of Americans agreeing with a "25% tariff on steel imports and a 10% tariff on aluminum imports" if it raised their cost of living. [123] On June 13, 2019, 661 American companies sent a letter to Trump urging him to resolve the trade dispute with ...