The Trump administration has raised U.S. tariffs to levels not seen since the Great Depression. As of August 2025, the average U.S. tariff rate has surpassed 15 percent, marking the highest point since the 1930s Smoot-Hawley Act. This move aims to counter foreign trade practices and protect American industries facing global pressure. The tariffs apply … Read more
President Donald Trump is considering invoking a long-dormant provision of the 1930 Trade Act to impose reciprocal tariffs on countries that maintain higher import duties on U.S. goods, a move that could significantly alter the global trade landscape. This decision signals the administration’s intent to take immediate action in addressing what Trump has long criticized … Read more
In a significant development, the United States Postal Service (USPS) has announced that it will begin accepting international packages again from China and Hong Kong, reversing a suspension imposed earlier this week. This move comes after the Trump administration’s decision to end a key trade provision that previously allowed U.S. retailers to ship low-value packages … Read more
China has fired back against the Trump administration’s latest tariffs, implementing a series of countermeasures targeting key American industries, including coal, liquefied natural gas, and major technology firms such as Google. The move comes just hours after the U.S. imposed a fresh 10% tariff on Chinese goods, reigniting tensions between the world’s two largest economies … Read more
In a significant escalation of the ongoing global trade war triggered by President Donald Trump’s aggressive tariff policies, Canada and Mexico have responded with retaliatory measures against the United States, while China has issued a strong warning, pledging decisive countermeasures to protect its economic interests. The latest developments mark a deepening of tensions between the … Read more