Tariff Hikes

The Latest

  • US May Retain Tariffs On Thousands Of China Imports
     US President Donald Trump and China President Xi Jinping
    US treasury secretary claimed that even after Trump promises to remove tariff impositions on Chinese products , his country might still retain tariff rates on thousands of Chinese imports.
  • China And US Impose New Rounds Of Tariffs Amid Trade Escalation
    US China Tariffs
    The US slapped a 15 percent tariff on $125 billion worth of Chinese imports as China imposed a 5 percent tariff on US crude.
  • China's Largest Heavy Equipment Manufacturer Expands US Production To Escape Tariffs
    Sany Heavy Industries
    Sany Heavy Industries announced that it will be accelerating its plans to expand its US production to shift away from imports.
  • Exodus Of Major Tech Firms Expected If Trump Tariffs Continue
    US China Trade Dispute
    A study conducted by Citibank revealed that a good number of tech firms may exit the mainland as Trump's tariffs continue to eat into profits.
  • US Companies Circumventing Trump Tariffs On China By Transshipping Goods
    US-China Trade War
    Asian countries such as Vietnam have reported sharp spikes in the number of goods coming to and from China and the US this year.
  • Hundreds Of American Firms Calls On Trump To End China Tariffs
    US-China Trade War
    600 US companies collaborated to send a letter to the White House that urges Trump to reconsider his tariff decisions on Chinese imports.
  • US To Enact Tariffs On $300 Billion In Chinese Imports In 30 To 45 Days
    US-China Trade Relations
    US Treasury Secretary Steven Mnuchin announced that during a hearing before the U.S. House of Representatives Financial Services Committee that the next round of tariffs could be imposed in 30 to 45 days.
  • Hong Kong Job Market Suffers As Trade War Continues
    Job Market
    Most companies in Hong Kong have chosen to place their recruitment plans on hold as they asses the possible ramifications of an extended trade war with the United States.
  • US To Lift Steel And Aluminum Tariffs From Mexico And Canada
    Steel and Aluminum Tariff
    The US has now agreed to lift its imposed tariffs on steel and aluminum imports from Canada and Mexico as a way to ratify the USMCA to replace NAFTA.
  • Macy's Having Difficulty Finding Solutions To Soften Tariff Hike Impact On Consumers
    Macy's Department Store
    Macy's CEO Jeff Gennette revealed that they will be implementing a number of strategies in an effort to mitigate the impact of Trump's tariff hikes on its consumers.
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