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The ports of Los Angeles and Long Beach are the busiest in the nation and handle about 40% of all ocean cargo from Asia. But last year the number of 20-foot-equivalent containers from China ...
Trump, who takes office later in the day, has previously pledged tariffs of 10% on global imports, 60% on Chinese goods and a 25% import surcharge on Canadian and Mexican products, duties that may ...
President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing 25% tariffs on Canadian and Mexican imports and an extra 10% duty on Chinese ...
Balance of trade with the United States. The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
August 8: The Office of the United States Trade Representative published its finalized list of 279 Chinese goods, worth $16 billion, to be subject to a 25% tariff from August 23. [86] [121] [122] In response, China imposed 25% tariffs on $16 billion of imports from the US, which was implemented in parallel with the US tariffs on August 23. [123]
Texas will open a state office in Taiwan to enhance trade and cultural relations, Gov. Greg Abbott announced Sunday during an economic development trip to Asia. “Texas and Taiwan are critical ...
Asia-United States relations are covered in these articles: Foreign relations of the United States; East Asia–United States relations; Hong Kong–United States ...
During his campaign, Trump has also floated ideas for across-the-board 10% tariff rate on all US trade. Before the election, Barclays estimated this would amount to a 3.2% drag on S&P EPS next year.