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The US also faces increasing economic pressures. Major retailers like Walmart and Target project price increases of 5 to 10 percent by midyear, with the National Retail Federation estimating $78 ...
Recently, the US government has been wielding the stick of additional tariffs, a move that not only impacts its own economy and trade but also triggers widespread ripple effects globally, casting a ...
SACRAMENTO, the United States, May 1 (Xinhua) -- Sweeping tariffs on imports have disrupted global trade and are expected to negatively impact small businesses in the United States, Chinese American ...
"The direct impact is a sharp decline in US exports to China," he said. "Moreover, much of US-China trade involves intermediate goods. Chinese retaliatory tariffs increase the production costs for ...
China saw its trade with the US, its third-largest trading partner, decline 2.1 percent year-on-year to 1.44 trillion yuan ($199.9 billion) in the first four months of 2025, according to the latest ...
China remains committed to opening up and win-win cooperation, Chen said, adding the country will strengthen ties with other developing countries and continue to uphold the UN-centered international ...
Nearly a month has passed since former US President Donald Trump launched his so-called "reciprocal tariffs," and the ...
"The direct impact ... of US-China trade involves intermediate goods. Chinese retaliatory tariffs increase the production costs for related American manufacturers, affecting their global exports." ...
The report examines dramatic shifts in cost structures, supply chain strategies, and procurement models, driven by tariff hikes of up to 145% on certain imports. It outlines the consequences across ...