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.
59 Articles
59 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…
China says its airlines and Boeing have been severely affected by tariffs - Regional Media News
BEIJING (Reuters) -Chinese airlines and Boeing have been severely impacted by U.S.-imposed tariffs, disrupting regular trade and investment activities of many businesses, the Chinese commerce ministry said in a statement on Tuesday. The ministry’s remarks came in response to media reports that Boeing had flown back three 737 MAX planes slated for delivery to Chinese airlines. The statement expressed hope that the United States would heed the con…
China's Unemployment Rate Skyrockets, Factory's Close Due To Trump Tariffs
China’s economy, once seen as a powerhouse, is facing a mix of problems that could slow its growth and shake its stability. There’s soaring youth unemployment, a wave of factory shutdowns, slower economic growth, and rising trade disputes fueled by U.S. President Donald Trump’s tariffs. Each of these issues is linked, affecting people in China […] The post China’s Unemployment Rate Skyrockets, Factory’s Close Due to Trump Tariffs first appeared …
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…
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