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Bessent Says China Could Lose 10 Million Jobs From Tariffs
U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable. (Reporting by Andrea Shalal and Steve Holland;
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The Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff ...
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The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...
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China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the ...
“Within two months, shelves in the United States … might resemble those in third-world countries, where people visit ...
But the new tariffs have certainly not brought it to a standstill. That is partly because plenty of Chinese exports go ...
In a sharp rebuke of President Donald Trump’s trade war, China’s Foreign Ministry posted to social media a striking video ...
Shipments from China to the West Coast are poised to plunge by as much as 35% as President Donald Trump’s newly imposed ...
China's factory activity likely contracted in April, a Reuters poll showed on Tuesday, as Donald Trump's "Liberation Day" ...
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...
Amazon said staff had considered listing tariff costs on its Temu competitor, Amazon Haul, but that it’s “not going to happen ...
The MIT economist David Autor helped fracture the old free-trade consensus. But he thinks that what’s replacing it is even ...
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