The U.S. has escalated softwood lumber tariffs to 45%, pushing British Columbia’s forestry sector into uncharted territory. This unprecedented trade action threatens not just sawmills but the entire forest products ecosystem across North America.
American shoppers face an additional $132 in holiday costs due to new tariffs, with electronics hit hardest at $186 extra per buyer. Retailers brace for consumer pushback as tariffs add $40.6 billion to seasonal spending.
In a surprising diplomatic breakthrough, Trump and Xi have reached a trade agreement that addresses fentanyl tariffs, rare earth controls, and agricultural purchases. The deal signals a major thaw in US-China relations with far-reaching implications.
The United States is preparing to investigate China’s adherence to the 2020 trade agreement amid reports of unfulfilled purchase commitments. This probe could escalate trade tensions and introduce additional tariffs as leaders prepare to meet.
The Trump administration is preparing to file a formal trade investigation into China’s implementation of the 2020 trade agreement, according to sources familiar with the matter. The probe, which could be announced as early as Friday, represents a significant escalation in trade tensions between the world’s two largest economies and comes just ahead of a scheduled meeting between President Donald Trump and Chinese leader Xi Jinping.
The Escalating Battle Over Digital Infrastructure As the technological standoff between Washington and Beijing intensifies, software has become the latest…
Trade Dynamics Reverse as China Surpasses United States in German Commerce Preliminary data from Germany’s statistics office reveals a significant…
The United States is weighing significant trade actions against Nicaragua, including potential 100% tariffs, according to a Federal Register filing. The measures follow a Section 301 investigation examining Nicaragua’s impact on US commerce through its policies on labor rights and human rights. Analysts suggest this could mark a major escalation in trade pressure on the Central American nation.
The United States is reportedly considering imposing 100% tariffs on imports from Nicaragua, according to a recent Federal Register filing. The proposed trade actions stem from a Section 301 investigation that began in December 2024, sources indicate. The Office of the United States Trade Representative (USTR) has been examining whether Nicaragua’s acts, policies and practices related to labor rights, human rights and the rule of law have negatively impacted U.S. commerce.
The Mirror Strategy in Modern Trade Warfare In an intriguing turn of global trade dynamics, China has begun deploying regulatory…
Forging a New Critical Minerals Alliance In a significant move to reshape global supply chains, the United States and Australia…
A deep dive into U.S. trade data reveals a dramatic decline in imports from China, with eight key categories falling by more than half since 2018. This shift has significantly altered global supply chains and the overall U.S. trade deficit. The data indicates a complex trade war outcome with manufacturing moving to other nations.
According to an analysis of U.S. Census Bureau data, eight of the top ten U.S. imports from China in 2018 have fallen by more than 50% as of the latest data through July. Five of these categories have reportedly declined by over 60%, signaling a substantial realignment of global trade flows. This shift occurs as the U.S. trade deficit with China has dropped by 52.94% from 2018 levels, falling from $296.54 billion to $194.98 billion in the first seven months of this year.
