U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. Evelyn Hockstein | Reuters When Mao Zedong declared in 1949 that China …
At the stroke of midnight, 92% of all U.S. cargo shipments, and up to 4 million packages daily, lost their duty-free status with President Donald Trump’s removal of the de minimis exemption for low-value trade. Any imported goods sent through the international postal network that are valued at or under …
When the facts change, I have to change my mind, lest be caught in some sort of homegrown dogma that will hurt us all. That’s how I feel about a phrase that has withstood all sorts of markets but I fear may have finally lost its usefulness: “own it, don’t …
President Donald Trump’s aggressive tariff policy on April 2 didn’t just cause mayhem in the stock market. It sent Amazon sellers into a panic. Many sellers on Amazon count on China for manufacturing and assembly due to lower costs and established infrastructure – up to 70% of goods on Amazon …
FILE PHOTO: A worker welds a steel tube at HCC, a company that uses parts to make combines, at the factory in Mendota, Illinois, U.S., February 21, 2025. Vincent Alban | Reuters European consumers face higher prices on items from cars to jeans, while major industries including steel, retail and …
The Garden City Port Terminal in Savannah, Georgia. Sean Rayford | Getty Images Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the possibility of a new ports strike that could begin in mid-January. Supply chain and logistics executives tell CNBC that shippers …