trade war

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Amid Tariffs, Thrift Shops Could See a Boom

Secondhand stores, resale sites stand to profit as new clothing, shoes see prices rise in trade war

(Newser) - Stores selling secondhand clothes, shoes, and accessories are poised to benefit from President Trump's trade war, even as businesses the world over race to avert potential damage, per industry experts. The Yale University Budget Lab last week estimated short-term consumer price increases of 65% for clothes and 87% for...

In Canadian Travel Circles, 'Near-Total Collapse of US Business'

Neighbors to the north are hedging on travel to the US amid Trump's verbal attacks, tariffs

(Newser) - Trump's attacks on Canada's economy via his tariffs-driven trade war and threats to make it the 51st state have infuriated Canadians, who are canceling trips to the United States in big numbers. They also seem to have flipped the narrative heading into Canada's parliamentary elections on Monday,...

China Says US Must Drop All Tariffs If It Wants Talks

'The person who tied the bell must untie it'

(Newser) - China on Thursday denied any suggestion that it was in active negotiations with the administration of President Trump over tariffs, saying that any notion of progress in the matter was as groundless as "trying to catch the wind," the AP reports. China's comments come after Trump said...

Temu and Shein Have Some Bad News for Consumers

Chinese retailers say they'll be raising prices to offset Trump administration's tariffs

(Newser) - US customers who continue to buy from Chinese fast-fashion retailers Temu and Shein could soon be seeing higher prices for their orders. Both retailers have warned US customers of price increases beginning next week in response to US-imposed tariffs on Chinese imports, per the Guardian . On May 2, the "...

Hong Kong Suspends Parcels to 'Bullying' US
Hong Kong: No More
Parcels to the US
Apr 16, 2025 11:33 AM CDT

Hong Kong: No More Parcels to the US

Hongkong Post cites 'exorbitant and unreasonable fees' tied to tariffs

(Newser) - Hong Kong's post office will stop shipping small parcels to the United States after Washington announced plans to charge tariffs on small-value parcels from the southern Chinese city, the government said Wednesday, per the AP . The US government earlier announced that it would end a customs exception allowing small-value...

Trump: China Has 'Reneged' on Boeing Deal

Sources tell Bloomberg that Beijing has ordered airlines to stop accepting deliveries of Boeing aircraft

(Newser) - Boeing is caught in the middle of the US-China trade war and it might end up stuck with aircraft that Chinese buyers won't accept. Sources tell Bloomberg that China has ordered the country's airlines to stop taking deliveries of Boeing aircraft, as well as parts and equipment from...

Xi on Trump's Tariffs: 'No Winners in a Trade War'

Chinese leader is on tour of Southeast Asia to shore up alliances amid tariffs conflict with US

(Newser) - China's leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, presenting China as a force for stability in contrast with President Trump's latest moves on tariffs. Although Trump has paused some tariffs, he has...

China Hikes Tariffs on US Imports to 125%

Beijing says Trump's tariffs will 'become a joke in the history of the world economy'

(Newser) - China has once again responded to President Trump's tariffs with countermeasures, but it says this will be the last time. Beijing said Friday that it is raising tariffs on US imports from 84% to 125% starting Saturday, the AP reports. On Thursday, the White House confirmed that a 125%...

Trade War Could Already Be Affecting Christmas

Chinese producers of decorations say they're not getting the usual orders from US clients

(Newser) - April generally isn't peak season for Grinchy activity, but President Trump's tariffs may have already ruined Christmas for some Chinese exporters and their American customers. Producers of Christmas decorations in China say US buyers are normally finalizing their orders at this time of year, but with the trade...

Trump's Tariffs Prod Delta to Yank Its 2025 Guidance

The airline had originally expected best financial year ever

(Newser) - As trade tensions ripple through the economy, Delta Air Lines yanked its full-year guidance on Wednesday. CNBC sees it as a big "shift" for the country's most profitable airline, which had initially expected the "best financial year in our history." In March it trimmed its...

Trump's Advice to Americans on Tariffs: 'Be Cool'

Also, buy stocks and reshore your company

(Newser) - Consumer confidence is sinking , China and the EU have introduced retaliatory tariffs within the last few hours, and JPMorgan CEO Jamie Dimon says we're likely spiraling toward a recession . The president's response? "Be cool." President Trump took to Truth Social Wednesday morning to share the following:...

White House: 104% China Tariff Will Take Effect at Midnight

But Trump 'believes that Xi and China want to make a deal,' Leavitt says

(Newser) - Unless one side or the other blinks in the hours ahead, new American tariffs on imports from China will kick in at a minute past midnight. The White House confirmed Tuesday that tariffs of 104% will be imposed at 12:01am Wednesday, CNBC reports. Trump threatened to impose an extra...

China Announces Massive Tariffs on All US Imports

34% tariffs match Trump's new tariffs

(Newser) - China has fired back at President Trump's "reciprocal" tariffs with massive tariffs on imports from the US. The state-run Xinhua news agency said Friday that China will impose additional tariffs of 34% on all US imports—matching the new tariffs Trump announced Wednesday—starting Thursday. Stocks in Europe...

Trump on Call With Canada's Carney: 'Extremely Productive'

'We agree on many things,' US president said after call with new PM, amid tense tariff wars

(Newser) - US President Trump and Canadian Prime Minister Mark Carney hopped on the horn on Friday amid the two nations' escalating trade war, with the former calling the conversation "extremely productive," reports Bloomberg . "We agree on many things, and will be meeting immediately after Canada's upcoming Election...

Canada-US Flight Bookings Have 'Collapsed'

Analytics firms says booking are down around 70%

(Newser) - There might be a lot of empty seats on flights from Canada to the US this summer. Canadians have been canceling trips south of the border amid the trade war and President Trump's repeated remarks about making their country the 51st state, and flight bookings have "collapsed,"...

With Trump's Tariffs Now Live, Canada Hits Back

Its move follows a similar one from the EU

(Newser) - It's a double-whammy Wednesday on the retaliatory-tariffs front: Hours after the EU rolled out new duties on goods ranging from motorcycles to bourbon , Canada followed suit. The country said Wednesday that it plans to impose 25% reciprocal tariffs on roughly $21 billion of imports from the US. The move...

Ford Suspends Tariff After 'Olive Branch' From US

Ontario leader says he has been invited to Washington, DC for trade talks

(Newser) - Ontario Premier Doug Ford, saying "both parties are heated and the temperature needs to come down," has suspended the Canadian province's 25% surcharge on electricity exports to the US. Ford, who vowed to be "relentless" earlier Tuesday after President Trump said he would double US tariffs...

Canadian Province Slaps 25% Tariff on Power to US

'We will not back down,' says Ontario Premier Doug Ford

(Newser) - Ontario Premier Doug Ford slapped a 25% tariff on electricity exports to the US on Monday, estimating that it would add almost $70 US to the monthly bills of many homes and businesses in New York, Michigan, and Minnesota. Ford said the surcharge would bring in up to $400,000...

China Ready for 'Trade War, or Any Other Type of War'

'Bullying does not work on us,' foreign ministry spokesman says after Trump doubles tariffs

(Newser) - Some tough talk from China in response to President Trump's tariffs: "If war is what the US wants, be it a tariff war, a trade war, or any other type of war, we're ready to fight till the end," foreign ministry spokesman Lin Jian said Tuesday...

'We Want to Inflict as Much Pain as We Possibly Can'

Ontario Premier Doug Ford threatens to cut off electricity to the US in response to Trump tariffs

(Newser) - The leader of Canada's most populous province has vowed to "inflict as much pain as we possibly can" to retaliate against President Trump's tariffs . Ontario Premier Doug Ford said Tuesday that if the 25% tariffs on Canadian imports persist, he will slap a 25% surcharge on electricity...

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