Recent reports reveal the massive impact of trade friction with Beijing, showing an overall squeeze that has battered U.S. firms. The fallout inflicted a $14.9 billion blow on U.S. farm exports, while leaving nearly three-quarters of U.S. firms grappling with tariff headwinds.

In a determination issued late last night, the U.S. Trade Representative's Office (USTR) set tariff rates in its Section 301 investigation of whether 60 economies prohibit imports made with forced labor. China and Hong Kong were hit with 12.5% tariffs, while Taiwan got 10%. USTR will

Today, officials from China's Ministry of Commerce (MOFCOM) provided additional details regarding their view of the agreements reached with their U.S. counterparts last week, highlighting that Washington has agreed not to raise tariffs beyond the levels established last fall and outlining the use of the Board of

In reaction to recent moves by the EU and the UK to invoke the tariff schedule modification provisions in GATT Article XXVIII, China has requested technical discussions at the WTO on the proper use of this procedure.

China's Ministry of Commerce detailed its view of a five-point consensus reached during this week’s summit between Presidents Donald Trump and Xi Jinping, signaling a commitment to reciprocal tariff reductions in order to deescalate tariff tensions and an expansion of trade in the aircraft and agricultural

In a split opinion issued today, a two-judge majority on the U.S. Court of International Trade ruled that the surcharge imposed by the Trump administration under Section 122 of the Trade Act of 1974 is inconsistent with the requirements of that statute.

Today, China's Customs Tariff Commission of the State Council updated its tariff schedules, granting zero tariffs to imports from 20 African countries, effective next month.