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Imports from China have fallen dramatically since Trump imposed steep tariffs – particularly since last month, when the tit-for-tat trade war sent the tariff on most Chinese goods up to 145%.
On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours.
Trump’s “$200 billion” claim is not even close to true. Official US statistics show the 2024 deficit with Canada in goods and services trade was $35.7 billion. Meanwhile, Canada was the top ...
(CNN) — American consumers are on the cusp of ... when the tit-for-tat trade war sent the tariff on most Chinese goods up to 145%. “This week, we’re down about 35% compared to the same ...