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 ...

"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 ...

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." ...

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 ...

China's firm opposition and countermeasures to the United States' (U.S.) so-called "reciprocal tariffs ... international community to show solidarity and act together against unilateralism and ...