Europe has long grappled with China's economic might. Now, a new challenge looms. China churns out a wide range of goods at artificially low prices. These include everything from electric vehicles to steel. For years, the United States was the main buyer of these products. But now, with tariffs impo
The trade war between the US and China took an unexpected turn. A quiet announcement revealed that certain products, including smartphones, would be spared from a massive 125% tariff. This code, "8517. 13. 00. 00, " might not mean much to most people, but it's a big deal in the world of customs. It
The world economy is still standing after a week of intense trade tensions. President Donald Trump's extreme tariff threats were toned down, but significant duties remain. There is a 10 percent tax on almost all U. S. imports, a 25 percent tax on steel, aluminum, and cars, and a whopping 145 percent
Farmers in the United States are feeling the pinch of recent trade policies. The Chinese government has slapped heavy tariffs on U. S. exports, and this is causing a lot of worry among farmers. John Pihl has been farming in Northern Illinois for over half a century. He is one of many farmers who ar
The sudden spike in tariffs on Chinese goods has left many US businesses in a tough spot. For years, companies like Learning Resources have relied on China for manufacturing. Rick Woldenberg, the CEO, had planned for a 40% tariff increase, thinking it was the worst that could happen. But then, the U
The mood in the room changed instantly. It was April 2, and the news of new tariffs on Chinese goods had just hit. Matt Rollens, a business owner, was in Las Vegas with hundreds of others. The atmosphere shifted dramatically. The tariffs were a big surprise, and not a good one. Everyone was worried
The world of biotech is changing fast, and the US is falling behind. For years, the US has been the go-to place for biotech and pharmaceutical breakthroughs. However, China is rapidly catching up, and it's not because of some secret formula. The US is slowing itself down with too many rules and red
In the world of online shopping, a big change is happening. The United States has increased the tax on goods coming from China to 125%. This move is expected to shake things up for many Chinese businesses that sell their products on Amazon. These sellers now face a tough decision: raise their prices
The global economy is on a wild ride. The tension between the United States and China is causing waves in the financial world. The latest move by China to raise tariffs on US goods to 125% sent shockwaves through the markets. The European markets felt the heat. The Stoxx Europe 600 index took a
The U. S. government recently shed light on a significant change in import taxes from China. The country now faces a minimum tariff of 145% on all goods entering the U. S. This figure is not a cap but a starting point. It is on top of other existing tariffs. The 145% figure is a combination of seve
