U.S. lawmakers are reintroducing legislation that aims to revive American shipbuilding, riding off momentum of an executive order from President Donald Trump announced in April.
April 30, 2025China News Updates
Lawmakers Revive Bipartisan Bill to Restore US Shipbuilding
Shipments From China Fall as Tariffs Loom
American businesses are canceling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
April 30, 2025Trumpās Tariffs Set to Unleash Supply Chain Jolt on Economy
Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasnāt been felt by many Americans yet, but thatās about to change.
April 28, 2025Trump Insists Plan for Higher Tariffs Will Move Ahead
President Donald Trump suggested another delay to his higher so-called āreciprocalā tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration.
April 25, 2025Low-Income Earners Face Sharpest Impact From Tariffs
While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.
April 25, 2025Trump Targets Chinese Cranes, Risking Burden for US Ports
Chinese cranes used at ports are the latest target of the Trump administrationās attempt to boost domestic manufacturing, even as no U.S. industry for the equipment exists.
April 24, 2025China Says There Are No Negotiations With US Over Tariffs
China on April 24 denied President Donald Trumpās assertion that the two sides were in active negotiations over tariffs, saying the suggestion was as groundless as ātrying to catch the wind.ā
April 24, 2025Trump Hasnāt Offered Unilateral Tariff Cuts on China
Treasury Secretary Scott Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs ā including non-tariff barriers.
April 23, 2025Trump Floats āSubstantialā China Tariff Cuts in Trade Deal
President Donald Trump said he plans to be āvery niceā to China in any trade talks and that tariffs will drop if the countries can reach a deal, a sign he may be backing down from his tough stance.
April 23, 2025Trump Softens Tone on Tariffs, Says He Wonāt Fire Powell
President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.
April 23, 2025Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics