China, tariffs
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Often Mr. Trump’s new tariffs are layered on top of existing ones. In this case, the T-shirts were subject to a base tariff of 32 percent based on the value of the import. Many goods typically have a very low base tariff, but garments and other textile goods are subject to some of the highest tariffs.
The U.S. and China agreed to a 90-day pause in their trade conflict. Here's what China's tariffs on the U.S. looked like in 2024.
Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.
China’s percentage of U.S. trade hit 7.65% in March, the latest government data available, the lowest figure since 2003. That was before Trump's April 2 "Liberation Day."
The U.S.-China tariff deal sent the tech-heavy Nasdaq soaring, entering a bull market, and economists are optimistic that the U.S. may dodge a recession.
The responsibility of tackling the fentanyl issue in the United States lies within the U.S. itself, China's foreign ministry said on Tuesday, rejecting the punitive tariffs Washington imposed on Beijing for not stemming the inflow.
U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,