Chinese factories are stopping production and looking for new markets as U.S. tariffs hit
- U.S. President Donald Trump is using tariffs and trade pressure on China amid rising tensions, impacting production at Chinese factories.
- The Public Company Accounting Oversight Board reported significant deficiencies in audits of Chinese companies, leading to investor concerns.
- Boeing's CEO reported that Chinese airlines stopped taking delivery of aircraft due to escalating tariffs, reflecting increased trade tensions.
60 Articles
60 Articles
Chinese Imports to US Drop Sharply Amid Tariffs
All eyes are on whether the United States and China can make a tariff deal. In the meantime, Chinese goods flowing into the United States decline sharply. What’s the current status quo? Treasury Secretary Scott Bessent says the United States may sign its first tariff deal with India. We have more on his comment on China’s recent exemption of U.S. goods from tariffs. Canadians are heading to the polls to elect their next leader, as the parties la…
A tariff loophole is about to close. Here’s how it's hitting online shopping
Cheap goods from China are getting a whole lot more expensive. A shift in U.S. trade policy that will go into effect on May 2 is already affecting how millions of Americans shop online.Read more...
Delisting Chinese stocks from American exchanges could ‘level the playing field’, experts say
Many Chinese firms have failed to fully comply with negotiated agreements and to abide by U.S. securities laws. Still, they continue to reap the benefits of the American financial markets. That may change, if Trump has his way.
China Sends Boeing Planes Back to U.S. Over Tariff Hike
China is once again proving it can’t be trusted as a reliable business partner, with Chinese airlines now refusing to take delivery of Boeing aircraft in the middle of the escalating U.S.-China trade standoff. Boeing CEO Kelly Ortberg revealed on CNBC Wednesday that three Boeing 737 Max airplanes had been ready for delivery in China — but Beijing’s retaliation over President Donald Trump’s tariffs left the planes grounded. Boeing has already flo…
Trump Tariffs Prompt Suspension Of Chinese Factory Operations And Shift To New Markets
Chinese manufacturers are suspending operations and pursuing alternative markets as U.S. tariff increases take effect, creating ripple effects across global supply chains and threatening millions of jobs. What Happened: Chinese factories are pausing production due to the impact of U.S. tariffs, as reported by CNBC on Monday. The lost orders are affecting jobs and prompting Chinese exporters to explore new sales strategies, such as livestreaming …
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