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China, Bessent and tariffs

US tariffs could cost China 5–10 million jobs, 'onus' on Beijing, Bessent says

The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese goods to 145%, but scale back reciprocal tariffs on other countries for 90 days to a baseline of 10%. In response, China proceeded to boost its tariffs on U.S. goods to 125%.

Reuters · 3h

Bessent says China could lose 10 million jobs from tariffs

U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable.

The New York Times · 11h

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

Companies like Alibaba that built China’s world-leading online shopping sector are now helping its sellers find markets beyond the United States.

Temu, China and import charge

Reuters on MSN · 1h

Exclusive: China waives tariffs on US ethane imports, sources say

China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday.

USA TODAY on MSN · 16h

Temu adds import charges, more than doubling some prices after Trump's tariff on China

Temu has a new import charge that more than doubles the price of many items shipped from China, in response to imposed tariffs by the U.S.

NBC News · 19h

U.S. Temu customers hit with import charges from tariffs

Chinese online retailer Temu, known for its ultralow prices, is hitting U.S. customers with hefty import charges on some items to cover the cost of tariffs implemented by the Trump administration.

5hon MSN

China exports to U.S. fall sharply with 145% tariffs in effect

The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...

2hon MSN

China's largest airlines deepen losses in first quarter as competition, US tariffs to weigh

China's three biggest airlines reported deeper first-quarter losses on Tuesday from the same period a year ago, amid ...

14m

Tariffs set to unleash supply jolt on US economy, economists warn

President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists ...

1don MSN

China shrugs off threat of US tariffs to economy, says it has tools to protect jobs

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the ...

2hon MSN

Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite

"It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the ...

4hon MSN

UAE'S ADNOC to supply US LPG to India following China-US tariffs, sources say

Abu Dhabi National Oil Company (ADNOC) will start replacing some of the liquefied petroleum gas it supplies to India with ...

White House blasts Amazon over tariff surcharge label: ‘This is a hostile and political act’

The label, which informs customers of additional charges due to new US tariffs on Chinese imports, has sparked controversy amid escalating trade tensions with Beijing.

4hon MSN

Time is running out to see a lessening of tariffs on China, says JPMorgan's Gabriela Santos

Gabriela Santos, JPMorgan Asset Management chief market strategist for the Americas, joins 'Squawk Box' to discuss the latest ...

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China, Bessent and tariffs

Temu, China and import charge

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