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What does shipping data say about US-China trade disruption?
Official data will come in time, but everyone is impatient and wants information faster. The FT report noted that “scheduled container volumes are plummeting at the Port of Los Angeles”. According to the IMF, the port accounts for more than 15 per cent of all US imports, with the vast majority of that being shipped from China.
Bessent Says ‘It’s Up to China to De-Escalate’ in Trade War
Treasury Secretary Scott Bessent said “all aspects” of the US government are in contact with China but that it’s up to Beijing to take the first step in de-escalating the tariff fight with the US due to the imbalance of trade between the two nations.
The United States and China are unlikely to see a rapid hit to their credit ratings from a trade war, S&P Global's top ...
The MIT economist David Autor helped fracture the old free-trade consensus. But he thinks that what’s replacing it is even ...
Footage mocking New York City’s subway system has gone viral on TikTok — with a slew of social media clips ridiculing US ...
Chinese President Xi Jinping will visit Shanghai this week, two sources said, showcasing his country's main international ...
President says U.S. and China are talking, China denies it, and no one in the administration seems to know about it ...
The trade spat escalated earlier this month when Trump hiked tariffs on Chinese goods to a whopping 145%. China responded ...
GEM Co Ltd., a Chinese battery-materials producer, aims to ramp up its recycling capacity for niche metals that have been ...
The Trump administration has been saying that the two countries are engaged in talks to resolve the dispute, but Beijing ...
The dollar barely recouped its heavy losses on Tuesday as investors were no clearer on whether a de-escalation of the ...
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