News

Ticker: US companies reducing investments in China; Wholesale inflation cools
American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, ...
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Sen. Tuberville pushes for increased tariffs on lumber, wood products
Senator Tommy Tuberville (R-Ala.) is worried American workers will loose their jobs over the imports of cheap Chinese kitchen ...
Faced with geopolitics and trade war, US companies in China report record-low new investment plans
American companies in China are reporting record-low investment plans and declining confidence in profits this year.
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‘I hope we can hang on,’ one business owner says, as Chicago’s housewares industry struggles with tariffs
The operators of Chicago-area companies that make such goods as kitchen and organizational products say higher tariffs on ...
Do Trump voters support his tariffs? Here’s what a new poll found
Less than half of Trump 2024 voters, 46%, said they would support tariffs on China — one of America’s biggest trading ...
China’s exports jump 5.8% in June as tariffs reprieve prompts a rush of orders
China has reported its exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and ...
How a battery retailer slashed its dependency on China to offset Trump's tariffs' impact
Batteries Plus CEO Scott Williams said the chain has reduced its reliance on Chinese suppliers for car batteries in order to minimize tariff costs.
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Canada’s new steel tariffs target China, exempt US
Under the new policy, Canada will apply a 25 percent tariff on steel imports from any country — except the U.S. — if the ...
Reebok founder on Trump tariffs: It's virtually impossible to make sneakers in US
A switch to making sneakers in the US from the likes of China and Vietnam is “virtually impossible overnight,” Reebok founder ...