July 8, 2025
Sydney 29

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 […]

CEO’s ‘end of days’ warning as Trump’s tariff shock on China sparks panic among US importers

This is a representational AI image American importers are finding it hard to cope with a wave of new tariffs on Chinese goods announced by US President Donald Trump, with some warning of dire consequences. Rick Woldenberg, CEO of Illinois-based educational toy company Learning Resources, called the situation “the end of days” after Trump abruptly […]