U.S.-China trade

U.S. Economy Dips 0.3% in Q1 2025 as Trump Tariffs Shake Business

by
U.S. Economy Dips 0.3% in Q1 2025 as Trump Tariffs Shake Business

The U.S. economy contracted by 0.3% in the first quarter of 2025, marking its first decline in three years, according to the Commerce Department’s Bureau of Economic Analysis. The downturn, reported on Wednesday, was driven largely by a record surge in imports as businesses rushed to stockpile goods ahead of President Donald Trump’s aggressive tariff … Read more

Trump Signals Potential Tariff Cuts on China Amid Trade War Tensions

by
tariffs war with China

President Donald Trump has hinted at a potential de-escalation in the ongoing trade war with China, suggesting that the current 145% tariffs on Chinese goods could be significantly reduced. Speaking to reporters at the White House, Trump acknowledged that the tariffs are “very high” and stated they would “come down substantially” as part of negotiations … Read more