US President Donald Trump’s sharp increase in tariffs on Chinese products brings Washington’s extra rate on most products to 145 percent, the White House confirmed on Thursday. While Trump has paused fresh tariffs on dozens of countries for 90 days on Wednesday, he has intensified pressure on Beijing by raising new tariffs on Chinese imports…
STORY: President Donald Trump is expected to sign an executive order on tariffs later on Monday or Tuesday, according to a source familiar with the situation, in a move that could increase the risk of a multi-front trade war. Trump said Sunday he would impose a 25% tariff increase on all steel and aluminum imports…
The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China’s state-driven excess production capacity. The US Trade Representative’s office told Reuters that many of the tariffs, including a 100% duty on Chinese EVs, 50% on solar…