US Tariff On Chinese Imports

As US-China trade tensions escalate, Apple is rapidly shifting its iPhone production to India, with new factories starting up and record shipments already underway

Since the imposition of a 145% tariff on Chinese imports in the US, American logistics firms have reported a sharp decline in container bookings

Last week, both Shein and Temu had said that they would hike their prices owing to higher operating costs following the recent new tariff changes imposed by the US government

Despite skyrocketing trade tariffs, Chinese tech companies are selling more robots around the world by offering cheaper, smarter, and faster products

China's ports handled 244 million tonnes of cargo last week, 10 per cent less than a week earlier and down 4 per cent from the same week in 2024, according to Ministry of Transport data

Local business owners stated that stacks of shipping containers, which did not make it onto ships bound for the US by the April 9 deadline

Lutnick comments indicate that the exemptions, published in a US Customs and Border Protection document late Friday, were made to shift those products ultimately to a different levy

China announced a tariff hike on US imports to 84 per cent from 34 per cent, shortly after Trump's punitive 104 per cent tariffs on Chinese imports kicked in on Wednesday

The department of commerce has been holding back-to-back internal meetings headed by commerce secretary Sunil Barthwal to firm up a strategy on how to prepare if such a situation arises

Analysts at Barclays, meanwhile, estimate that nearly $22 billion worth of India's exports (30 per cent of exports to the US and 5 per cent of total goods exports) are most at risk

'I don't have any updates on when that call will take place,' adding that the call is being scheduled and would 'happen very soon' Karoline Leavitt said

China's veteran foreign minister has issued a veiled warning to America's new secretary of state: Behave yourself. Foreign Minister Wang Yi conveyed the message in a phone call Friday, their first conversation since Marco Rubio's confirmation as President Donald Trump's top diplomat four days earlier. I hope you will act accordingly, Wang told Rubio, according to a Foreign Ministry statement, employing a Chinese phrase typically used by a teacher or a boss warning a student or employee to behave and be responsible for their actions. The short phrase seemed aimed at Rubio's vocal criticism of China and its human rights record when he was a US senator, which prompted the Chinese government to put sanctions on him twice in 2020. It can be translated in various ways in the past, the Foreign Ministry has used make the right choice and be very prudent about what they say or do rather than act accordingly. The vagueness allows the phrase to express an expectation and deliver a veiled ..

In the backdrop of this, the Yogi Adityanath government is positioning the state as a potential textile and garment hub in South Asia

Steel consumption in China could even contract, according to ArcelorMittal, which lowered its 2024 forecast to a range of -1 per cent to +1 per cent

US President Joe Biden has directed his Trade Representative to increase tariffs on USD 18 billion of imports from China

China's Commerce Ministry also said that the move is against US President Joe Biden's earlier stand of not seeking to 'contain' or 'decouple' with Beijing

Citing potential national security risks, the Biden administration says it will investigate Chinese-made smart cars that can gather sensitive information about Americans driving them. The probe could lead to new regulations aimed at preventing China from using sophisticated technology in electric cars and other so-called connected vehicles to track drivers and their personal information. Officials are concerned that features such as driver assistance technology could be used to effectively spy on Americans. While the action stops short of a ban on Chinese imports, President Joe Biden said he is taking unprecedented steps to safeguard Americans' data. "China is determined to dominate the future of the auto market, including by using unfair practices," Biden said in a statement Thursday. "China's policies could flood our market with its vehicles, posing risks to our national security. I'm not going to let that happen on my watch." Biden and other officials noted that China has impose

China's envoy to trade war talks with Washington expressed concern about US tariffs on Chinese imports during a phone call with Treasury Secretary Janet Yellen, the Ministry of Commerce announced

Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3%, the most since October 2018

The Trump administration shelved plans for a broad import ban on cotton and tomato products from China's Xinjiang region while announcing narrower bans on products from five specific entities