China growth beats expectations
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Trump, tariffs
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Batteries Plus CEO Scott Williams said the chain has reduced its reliance on Chinese suppliers for car batteries in order to minimize tariff costs.
Experts predict near-term price instability for EVs and other vehicles due to Trump's tariffs, potentially leveling off by 2027. Here's what you can do now if you're in the market to buy one.
Tariffs on Chinese goods have taken effect, and the impact is already noticeable in ports, as cargo volumes are down, leading to supply chain disruptions.
Analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
China’s technology giants are set to shrug off the impact of higher US tariffs as their outlook is now far more dependent on local consumer sentiment, according to Baillie Gifford & Co.
U.S. President Donald Trump has announced that China may soon implement the death penalty for those involved in fentanyl manufacturing and distribution. At the signing of the HALT Fentanyl Act, he cited tariffs on China for the drug-related issues impacting the United States.
The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs.