News

China Exults in Trump’s Tariff Pullback
The agreement was cheered in Beijing as vindication for Xi Jinping and his defiant response to President Trump’s trade war.
China’s economy gets reprieve: tariff reduction boosts short-term growth
The 90-day tariff truce between the US and China is expected to increase shipments and production over the next three months.
Why an economist says temporary U.S.-China tariff deal doesn't ease uncertainty
Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could ...
China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs
In its first concrete steps since Trump ratcheted up tariffs, Beijing stuck to its incremental approach to addressing ...
U.S.-China Trade Deal Slashes Tariffs for 90 Days. It’s Not the End of Uncertainty
U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145 percent tariff rate on Chinese goods to 30 ...
US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks
Stock markets rose sharply as the globe’s two major economic powers took a step back from a clash that has unsettled the ...
Walmart says it will raise prices due to tariffs. What NC shoppers should know
We will do our best to keep our prices as low as possible,” Walmart’s CEO said. But ultimately, shoppers may end up paying ...
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Walmart blames price increases on Trump, president demands company ‘eat the tariffs’
Trump has repeatedly claimed foreign nations will cover the tariffs, but Walmart has already started to raise prices in ...
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China hits US, EU, Japan, Taiwan with new anti-dumping tariffs on plastics
China hit back at four major economies—the United States, the European Union, Japan, and Taiwan—on Sunday by imposing steep ...