The trade relationship between the United States and China hit a rough patch. The latest development? A public accusation from the U. S. President. He claimed that China had not kept its end of a recent trade bargain. This news sent a ripple through the stock market, causing a slight dip in early trading. Trade agreements are complex. They involve lots of back-and-f...
The U. S. and China are at a standstill. The U. S. aims to bring manufacturing back home. China wants to sell its goods in the American market. This is a tough situation, but a smart solution could make it work for both sides. In the past, China demanded that American companies build factories in China to access its market. Now, the tables have turned. China is ahea...
In May, Americans felt a bit more optimistic about the economy. This shift came after five months of declining confidence, which hit a low point in April. The main reason for the earlier pessimism? Worries about the impact of President Donald Trump's tariffs. The Conference Board's consumer confidence index saw a significant jump of 12. 3 points in May, reaching 98....
In the world of international trade, there's a sneaky game going on. Chinese sellers are luring U. S. buyers with enticing offers. They promise to cover all import taxes and duties. Sounds too good to be true? It often is. This practice is fueling a shadowy network of illegal activities. At the heart of this issue is a method called "delivered-duty-paid. " Here's ho...
The trade war has been a rollercoaster for small businesses. The recent news of reduced tariffs between the US and China might seem like a win, but it's not all sunshine and rainbows for small business owners. For many, the struggle is far from over. The tariffs have been a massive headache for small businesses. They've had to deal with sudden cost increases, disrup...
Small businesses are feeling the pressure as they navigate the ever-changing landscape of trade tariffs. The recent agreement between the US and China has lowered tariffs on Chinese goods to 30% for a 90-day period. This temporary reprieve has brought a mix of relief and frustration to small business owners. Connor Alexander, a board game publisher in Seattle, is o...
Investors in Asia woke up to good news on Monday. Stocks in Japan and South Korea saw a slight increase at the start of trading. In China, Hong Kong and Shenzhen markets went up by about 1 percent. Even the S&P 500 in New York was expected to follow this trend. Why the sudden optimism? It all started with talks over the weekend. U. S. and Chinese officials met ...
The world watched as top US officials wrapped up two days of intense trade talks with China. The outcome? A big step forward, according to the US team. They claimed to have made significant headway in negotiations, hinting at a potential deal that could shake up the global economy. The talks took place in Geneva, Switzerland, with Treasury Secretary Scott Bessent le...
The United States and China started serious trade discussions in Geneva. This meeting happened after Donald Trump hinted at reducing tariffs on Chinese goods. This move was seen as a way to ease tensions between the two economic giants. China, on the other hand, wants the US to show real commitment by removing tariffs on its exports. The t...
The stage is set for a high-stakes trade showdown between the US and China. The two economic giants are gearing up for crucial talks in Switzerland. The US has been slapping heavy tariffs on Chinese goods, with some items facing a whopping 245% tax. But now, there's talk of lowering these tariffs. President Trump hinted at this change, suggesting an 80% tariff might ...