News

US-China cargo volume plunged in April as customers reacted 'very, very fast' to tariffs, says Maersk CEO
Shipping giant Maersk expects global container volumes to grow between -1% and 4% in 2025 — down from its previous forecast ...
5 Midday Must-Reads: Talking Tariffs With China, GOP Budget Proposals ‘Dead’ and More
Meanwhile, President Donald Trump ’s been reenacting his “The Apprentice” past, firing the heads of both the Library of ...
How US-China tariffs reached sky-high levels in 3 months
Talks planned this weekend between U.S. and Chinese officials in Switzerland are a culmination of more than three months of ...
Trump administration live updates: President Trump suggests 80% China tariff; Newark mayor arrested at an ICE detention facility
Live updates and the latest news as Trump touts his UK trade deal, names Jeanine Pirro as U.S. attorney, and Pope Leo XIV's ...
Swiss president hopes 'Holy Spirit' might guide US-China weekend talks in Geneva over tariffs
Switzerland's president lamented “disappointing” talks Friday with U.S. President Donald Trump's treasury secretary that did ...
Freight shipper says ‘millions’ of businesses in peril from China tariffs
I think a lot of companies will fail if this goes on longer,” says Ryan Petersen, CEO of Flexport in San Francisco, of ...
Retailers say they’re not feeling China tariff disruptions. They will soon.
As a massive new tariff chokes US demand for Chinese imports, local retailers who sell Chinese-made goods are preparing for ...
China’s exports to US sink, offset by trade with other economies, as US tariffs hit global trade
Shipments to the U.S. sank 21% in dollar terms as Trump’s tariffs on most Chinese exports rose to as high as 145%. With ...