United States President Donald Trump signed a second executive order alongside the one that rolled out global tariffs, closing a trade loophole used to ship low-value packages duty-free from China to individuals in the US.
The White House said in a fact sheet that China will be the only country that...
The White House confirmed to CNBC that the newly announced 34% tariff on Chinese imports will come on top of the already existing 20% tariffs, meaning that the true tariff rate on Chinese goods coming into the US will be 54%.
While unveiling his long-awaited "Liberation Day" trade policy,...
United States President Donald Trump insisted on Wednesday that he has "great respect" for China and its head of state Xi Jinping while claiming that tariffs on it were necessary as Beijing treated his country unfairly in the field trade.Speaking at the White House, Trump insisted he "took hundreds of...
AppLovin Corporation also presented a bid to acquire TikTok's United States operations from ByteDance Ltd., CNBC reported on Wednesday.Meanwhile, Reuters said that the bidders include OnlyFans founder Tim Stokely's new startup Zoop and the Hbar Foundation, the firm behind the cryptocurrency...
Amazon.com Inc. has presented a bid to purchase TikTok as the company is nearing the deadline to be banned from the United States unless it changes ownership, The New York Times (NYT) reported on Wednesday.The bid to acquire the video platform's US operations came amid President Donald...
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