US tariffs

US eases some tariffs on Taiwan to formalise trade agreement

Washington is also modifying sectoral levies on Taiwanese auto parts, timber, lumber and wood derivative products

US President Trump signs an executive order implementing new tariffs against US trading partners on Apr 2, 2025.

Lawsuit risk, president’s scorn: Why US companies are tiptoeing into the Trump tariff-refund race

COMPANIES in the US are wary of saying too much about one particular nugget of good news for their bottom line and inflation.

Trump says after the Beijing summit that the Boeing purchases may rise to as many as 750 planes
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China says it will buy 200 Boeing jets, seek extension of US tariff truce

The two sides will seek reciprocal levies cuts on US$30 billion or more of goods each, the Chinese ministry says

The internal EU deal should bring some calm to the world’s largest trading relationship, with an annual exchange of US$2 trillion in goods and services.

EU paves way to finalise US trade deal and avoid Trump tariff hike

The bloc agree on reinforced suspension provisions, sunset clause

US President Donald Trump with Chinese President Xi Jinping after a visit to the Zhongnanhai Garden in Beijing on May 15.

US, China to set up trade and investment boards to address mutual concerns, says Beijing

THE US and China agreed to establish boards on trade and investment at the May 14-15 Trump-Xi summit, though US President Donald Trump said he did not discuss a possible extension of his tariff truce ...

US President Donald Trump with Chinese President Xi Jinping at the Great Hall of the People in Beijing on May 14.

China signals lower levies, advances in farm trade with US following Trump-Xi summit

Beijing did not provide more specifics, adding that both teams are still currently negotiating over the details

Thousands of companies have begun to seek billions of US dollars in refunds from the government following the ruling, but Amazon has not.

Consumers sue Amazon for not refunding Trump tariff costs

The lawsuit asserts claims of unjust enrichment and violation of Washington state’s consumer-protection law

US President Trump with Chinese President Xi while leaving after a visit to the Zhongnanhai Garden in Beijing on May 15.

Trump leaves Beijing with few wins but warm words for Xi

‘We’ve made some fantastic trade deals, great for both countries,’ says US president

Tariffs imposed by the US since last year have added to difficulties for a sector grappling with a harsher climate and waning demand.

US tariffs weigh on world wine trade in 2025 while consumption slips to new low

In addition to widespread weather losses, production has been curbed by uprooting of vines in response to declining demand

The talks between US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng were likely to be exploratory with limited immediate outcomes.

US Treasury’s Bessent, Chinese Vice-Premier He Lifeng hold talks in South Korea ahead of Trump-Xi summit

The discussions are expected to cover a range of issues to prepare for talks in Beijing