As China Looks for Way Out of U.S. Trade Deadlock, Fentanyl Could Be Key
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As China Looks for Way Out of U.S. Trade Deadlock, Fentanyl Could Be Key

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines When Donald J. Trump was first in the White House trying to strike a trade deal with China, Beijing tried to curry favor with the American president by banning all variants of the powerful synthetic opioid fentanyl. Now, as China and the United…

Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
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Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese factories at unfathomable discounts. It also unleashed something else — a cascade of billions…

Car Prices Expected to Rise as Tariffs on Parts Kick In
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Car Prices Expected to Rise as Tariffs on Parts Kick In

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles as well as for repairs and insurance. The latest tariffs, which President Trump ordered in March as part of his…

Temu Stops Shipping Products From China to U.S. as Trump Closes Tariff Loophole
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Temu Stops Shipping Products From China to U.S. as Trump Closes Tariff Loophole

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Temu, the Chinese e-commerce platform, has stopped shipping products from China into the United States, a spokesperson for the company said on Friday. Instead, all of its U.S. orders will be shipped from local warehouses in America. The change comes after the Trump…

U.S. and China Dig In on Trade War, With No Plans for Formal Talks
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U.S. and China Dig In on Trade War, With No Plans for Formal Talks

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines As trade tensions flared between the world’s largest economies, communication between the United States and China has been so shaky that the two superpowers cannot even agree on whether they are talking at all. At a White House economic briefing this week, Treasury…

How the End of a U.S. Tax Loophole Hurts Chinese Companies
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How the End of a U.S. Tax Loophole Hurts Chinese Companies

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Meaghan Tobin, a correspondent for The New York Times covering business in Asia,…

iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India

iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said. Apple is positioning India as an alternative manufacturing base to…

Chinese Factories Slow in Early Sign of Trade War’s Toll
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Chinese Factories Slow in Early Sign of Trade War’s Toll

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs of Chinese-made goods to 145 percent, an official report on manufacturing activity signaled that in April, Chinese factories experienced the sharpest monthly…

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test
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Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Follow live updates on the Trump administration. The auditorium at Alibaba’s headquarters was packed with attendees, leaning against the wall and squeezing onto the stairs. Hundreds of Chinese small-business owners listened raptly as a stream of representatives from Alibaba, the Chinese online shopping…