U.S. President Donald Trump’s “reciprocal” tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, as the European Union prepared retaliatory measures, escalating a global trade war.
https://gcaptain.com/trump-tariffs-kick-in-china-and-europe-hit-back/
(Bloomberg) — Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade. Container liners such as Cosco Shipping…
Beijing, feeling boxed into a corner by the United States’ intensifying tariff assault on China and any country that buys or assembles Chinese goods, is bracing for an economic war of attrition.
https://gcaptain.com/limited-options-push-china-into-trade-war-of-attrition-with-trump/
Donald Trump’s trade war may have crushed global commodity prices, but it’s good news for one of Brazil’s largest ports, which is seeing an uptick in export volumes.
https://gcaptain.com/key-brazil-port-bustles-as-china-poised-to-shift-away-from-us/
More than 50 nations have reached out to the White House to begin trade talks since U.S. President Donald Trump rolled out sweeping new tariffs, top officials said on Sunday as they defended levies that wiped out nearly $6 trillion in value from U.S. stocks last week and downplayed economic...
https://gcaptain.com/trump-admin-nations-lining-up-to-start-trade-talks-with-u-s-after-tariffs/
President Donald Trump’s sweeping tariff plans hammered global financial markets and U.S. stocks braced for more turmoil on Monday, after he warned foreign governments they would have to pay “a lot of money” to lift the levies he called “medicine.”
https://gcaptain.com/trumps-tariff-medicine-engulfs-markets-as-u-s-stocks-brace-for-more-turmoil/
China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout.
https://gcaptain.com/china-hits-back-hard-in-global-trade-war-with-tariffs-on-us-goods/
China placed export restrictions on key rare earth elements on Friday as part of its sweeping response to President Donald Trump’s tariffs, potentially squeezing supply to the U.S. and the West of minerals vital to everything from defense to electric cars.
https://gcaptain.com/china-hits-back-at-us-tariffs-with-rare-earth-export-controls/
Australia’s remote, uninhabited islands in the Antarctic and a tiny territory with barely any exports found themselves caught up alongside global heavyweights in U.S. President Donald Trump’s sweeping tariff regime, leaving locals and officials baffled.
Oil traders looking to book ships that call at US ports are trying to avoid Chinese-built vessels, after President Donald Trump proposed hefty fees on them in a bid to revive American shipbuilding.
https://gcaptain.com/oil-traders-shun-china-made-ships-for-us-flows-on-trump-levies/