The numbers: The U.S. international trade deficit, including goods and services, widened 14% in March to a record seasonally adjusted $140.5 billion, the Commerce Department said Tuesday, as companies ...
China on Friday raised tariffs on imports from the U.S. to 125%, the country's latest response in an escalating trade war with President Trump. The U.S.'s tariffs on China now total 145%. The 125% tax ...
The U.S. continued a historic surge in foreign imports in February, ahead of sweeping new tariffs announced by President Donald Trump. U.S. imports exceeded $290 billion in February 2025, making a 21% ...
Fifth-generation owner Mei Lum of Wing On Wo & Co. and Kenny Li, owner of K.K. Discount Store, say they're worried about the potential tariff toll but that members of the community will lean on one ...
President Donald Trump on May 12 announced that the U.S. and China had agreed to lower the escalating tariff rates on trade for the next 90 days. Chinese imports will face a 30% tariff in total, down ...
China, India, and the United Arab Emirates (UAE) emerged as Kenya’s top sources of imports in April 2025, cementing their positions as key trade partners. Recent data from the Kenya National Bureau of ...
"Although some buyers have temporarily agreed to extend deadlines, they may source products from other countries if the crisis is prolonged," says the chamber.