With U.K. Deal, U.S. Signals That 10% Tariff on World Is New Baseline
https://www.wsj.com/economy/trade/trump-tariff-baseline-uk-deal-e914ef19
Both countries hailing this as a good outcome shows how much the landscape has shifted.
https://www.wsj.com/economy/trade/trump-tariff-baseline-uk-deal-e914ef19
Both countries hailing this as a good outcome shows how much the landscape has shifted.
Trade War Shock Is Scrambling China’s Exports
https://www.nytimes.com/2025/05/09/business/china-april-trade-exports.html
Shipments of goods to the United States plunged by 21 percent in April, but spiked to Asia as President Trump imposed sky-high tariffs on China.
China’s Exports to U.S. Plunge, in Sign of Bite from Trump Tariffs
https://www.wsj.com/economy/trade/chinas-export-growth-remained-resilient-in-april-00bf93a6
The drop in U.S.-bound shipments was offset by a surge in Chinese goods to Southeast Asia, Africa, Europe and Latin America.
https://www.nytimes.com/2025/05/09/business/china-april-trade-exports.html
Shipments of goods to the United States plunged by 21 percent in April, but spiked to Asia as President Trump imposed sky-high tariffs on China.
https://www.wsj.com/economy/trade/chinas-export-growth-remained-resilient-in-april-00bf93a6
The drop in U.S.-bound shipments was offset by a surge in Chinese goods to Southeast Asia, Africa, Europe and Latin America.