Tariffs

Where Things Stand On China-US Trade After Trump and Xi Talk

China and the United States have lowered the temperature in their spiraling trade war, bringing a precarious end to months of back-and-forth measures between the economic and technological powerhouses. The détente—reached at last week's meeting between presidents Donald Trump and Xi Jinping in South Korea—marks a new phase in a fierce ...

US Supreme Court Hears Challenge to Trump Tariff Powers

The US Supreme Court will hear arguments Wednesday on whether a wide swath of Donald Trump's tariffs are lawful, in a landmark case that could uphold—or upend—the president's economic agenda. Billions of dollars in customs revenue and a key lever in Trump's trade wars are at stake, while the conservative-dominated court once again grapples ...

Asia Stocks Surge on US-China Trade Deal Breakthrough

Asian equities surged Monday as investors cheered a breakthrough in US-China trade talks that set the stage for leaders Donald Trump and Xi Jinping to finalize a deal, averting an escalation in the world's biggest trade dispute. Markets rallied after US Treasury Secretary Scott Bessent said the threat of the US president imposing an additional ...

China and US Agree to Fresh Trade Talks

China and the United States agreed Saturday to conduct another round of trade negotiations in the coming week, as the world's two biggest economies seek to avoid another damaging tit-for-tat tariff battle. Beijing last week announced sweeping controls on the critical rare earths industry, prompting US President Donald Trump to threaten 100 ...

Trump Says No Reason to Meet Xi, Threatens 'Massive' China Tariffs

US President Donald Trump said Friday he no longer feels a summit is necessary with Chinese counterpart Xi Jinping this month, slamming Beijing for hostile trade practices and threatening "massive" tariffs. "Some very strange things are happening in China! They are becoming very hostile," Trump said in a long post on Truth Social that railed ...

Poultry Sector Warns: Imports Are Killing Our Industry

The Syndicate of Poultry Producers, led by William Boutros, issued a warning on Tuesday, urging authorities to act swiftly to save local businesses now facing extinction. The reason is that Lebanese poultry products are banned from Arab markets, while similar goods imported from neighboring countries freely enter Lebanon duty-free. “Most Arab ...

Trump Announces Steep New Tariffs, Reviving Trade War

US President Donald Trump announced Thursday punishing tariffs on pharmaceuticals, big-rig trucks, home renovation fixtures and furniture, reviving his global trade war. The late evening announcement is the harshest trade policy by the president since last April's shock unveiling of reciprocal tariffs on virtually every US trading partner ...

New Round of US-China Trade Talks Kicks Off in Madrid

China and the United States kicked off the latest round of trade talks on Sunday in Madrid, where they are set to thrash out their TikTok dispute and President Donald Trump's promised hefty tariffs. The Chinese delegation is in the Spanish capital until Wednesday and senior officials, including Vice Premier He Lifeng, will meet with the US ...

88 Postal Operators Suspend Services to US over Tariffs

Postal traffic to the United States plunged more than 80 percent following Washington's imposition of new tariffs, with 88 operators worldwide fully or partially suspending services, the Universal Postal Union said Saturday. The UPU, the United Nations' postal cooperation agency, is working on "the rapid development of a new technical solution ...

25 Countries Suspend Postal Services to US over Tariffs

At least 25 countries have decided to suspend package deliveries to the United States, as concern grows over the impact of President Donald Trump's looming tariffs, a UN body said Tuesday. The Trump administration said late last month that it will abolish a tax exemption on small packages entering the United States from August 29. The move ...