New U.S. Tariffs Announced: Trump Threatens 15%-50% Duties on Most Countries
According to China Central Television (CCTV), on July 23 local time, former U.S. President Donald Trump announced that the United States would impose simple tariffs ranging from 15% to 50% on most countries around the world. Trump added that the U.S. is engaged in “serious negotiations” with the European Union. If the EU agrees to […]
U.S. Imposes 50% Tariff on Steel-Based Household Appliances Starting June 23
On June 12 (local time), the U.S. Department of Commerce announced a significant tariff increase on various steel-derived household appliances, including dishwashers, washing machines, and refrigerators. A 50% tariff will be imposed on these steel-based products, effective June 23, 2025. This move follows a statement made by former President Donald Trump during a rally in […]
How the 145% Tariff Shock is Shaking U.S. Ports and Businesses
Introduction: The U.S. government’s aggressive tariff policies continue to ripple through the economy, with the first shipment of goods subject to a 145% tariff now arriving in American ports. The impact is being felt across key ports, with a notable slowdown in cargo activity, rising unemployment concerns, and escalating consumer prices. U.S. Ports Witness a […]
