Trump Unveils 2025 Tariff Blitz on Drugs, Furniture and Trucks
Starting October 1, 2025, the U.S. will impose steep tariffs on pharmaceuticals, furniture, and heavy trucks to boost domestic manufacturing and protect national security.
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Starting October 1, 2025, the U.S. will impose steep tariffs on pharmaceuticals, furniture, and heavy trucks to boost domestic manufacturing and protect national security.
China’s decision to relinquish new special and differential treatment at the WTO marks a pivotal shift with global trade implications.
Chinese Premier Li Qiang said China will no longer seek new SDT in WTO talks, marking a shift toward greater responsibility and fairness in global trade.
China’s decision not to seek new special and differential treatment at the WTO marks a pivotal step toward a more balanced global trading system.
U.S. tariff hikes could push up to 875,000 more Americans below the poverty line by raising prices and eroding real incomes, deepening the uneven toll of trade policy.
US tariffs, particularly from the Trump era, are fuelling higher grocery bills and inflation that squeeze American households’ budgets, spotlighting the real cost of trade policy at the kitchen table.
OECD’s John Drummond tells CGTN that global cooperation, multilateralism and rules-based systems are vital to curb unfair trade practices worldwide.
Mexico’s 2026 budget includes tariff hikes on 1,500 products from the Chinese mainland and other Asian nations without trade deals, sparking Beijing’s opposition.
China will impose temporary anti-dumping measures on EU pork imports from September 10, with deposit rates ranging from 15.6% to 62.4% to protect domestic industry.
President Trump signs an executive order to implement the U.S.-Japan trade deal, lowering auto tariffs, expanding market access, and unlocking $550 billion in Japanese investments.