500% tariffs on China? US warns Beijing over Russian oil; calls it ‘unreliable partner to the world’

The United States has escalated its rhetoric against China on Wednesday, with treasury secretary Scott Bessent claiming that American Senators may back a staggering 500% tariff on Chinese imports over trade with Russia. Speaking at a press conference, Bessent said 85 US senators were ready to give US President Donald Trump the authority to impose […]

US may cut China tariffs from 145% to 50% ahead of trade negotiations in Switzerland

The Trump administration is expected to announce a significant reduction in tariffs on Chinese imports—possibly as early as next week—just as American and Chinese trade officials gather in Switzerland for key negotiations. Sources told The Post that current tariffs of 145% on Chinese goods could be lowered to between 50% and 54%, a rate seen […]