By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could remain muted through the remainder of 2025, after companies responded to President Donald Trump's 145% tariffs on China by canceling or putting holds on shipments,

The United States finalized a trade deal with China on Thursday that will see tariffs on Chinese imports fall to 55 percent (from 145 percent) and Chinese

Zhu Keli, founding director of the China Institute of New Economy, said the expansion of steel tariffs will bring about challenges to Chinese household appliance makers in the short term, as some enterprises with high reliance on the US market may witness a decline in export orders.

By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.

Furniture and bedding from China have been among the top areas where higher tariffs on goods from China have begun to impact consumer prices, according to a new chart from TD Securities. Other areas,

LONDON (AP) — President Donald Trump announced Wednesday that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.

Valle y Pampa typically ships 60% of its blueberries to the United States and the rest to Europe. This year, though, it is planning its first big China shipment to mitigate the impact of a 10% U.S. tariff on all goods from Peru.

The latest trade “deal” between the U.S. and China underscores two uncomfortable realities for the economy and markets: Tariffs aren’t going away and uncertainty is here to stay. President Donald Trump said in a Truth Social post that negotiators in London had reached an agreement to restore last month’s trade cease-fire,