Tariffs Drive U.S. Toy Prices Soaring on Chinese Mainland Imports
Toy prices in the U.S. jumped 2.2% in May as tariffs on imports from the Chinese mainland drive costs up, outpacing overall inflation and foreshadowing pricier holiday gifts.
tariffs
China Urges WTO Unity Against $2.7T in Unilateral Tariffs
At the WTO General Council in Geneva, the Chinese delegation urged members to oppose unilateral tariffs, protect multilateral trade, and embrace a Stability-Development-Reform framework.
Japan Pushes Ahead with U.S. Tariff Talks Despite Election Setback
Japan’s tariff talks with the U.S. remain on track despite the ruling coalition losing its upper house majority ahead of an August 1 deadline.
Fed Signals “Pessimistic” Outlook as Tariffs Weigh on US Economy
The Fed’s Beige Book warns of a neutral to pessimistic US economic outlook as rising tariffs and policy uncertainty put upward pressure on prices and hiring decisions.
Trump Announces 19% Tariff on Indonesian Imports, Eases U.S. Trade Barriers
President Trump to impose a 19% tariff on Indonesian exports to the US while eliminating barriers on American goods to Indonesia.
Trump’s Tariff Tactics: Global Trade War or Negotiation Playbook?
Trump’s new tariffs threaten over 20 economies, revealing Washington’s strategy to pressure trade partners and extend negotiation deadlines.
EU Ministers Eye Response to Trump’s 30% Tariff Threat
EU trade ministers debate responses to Trump’s 30% tariff threat, extending talks and preparing countermeasures as the August 1 deadline looms.
EU Rallies to Fight Trump’s 30% Tariffs on EU Exports
EU leaders and industries unite against Trump’s surprise announcement of 30% tariffs on EU exports, warning of inflation, supply chain shocks and a transatlantic standoff.
China, Canada Seek Win-Win Partnership at 55-Year Milestone
In a Kuala Lumpur meeting, China’s Wang Yi and Canada’s Anita Anand marked 55 years of diplomatic relations, calling for win-win cooperation, open trade and multilateralism.
China Says Tariffs Shouldn’t Meddle in Other Nations’ Affairs
China’s Foreign Ministry warns against using tariffs to coerce other countries, citing UN principles of sovereign equality.