US China Trade

China hits US with tariffs, rare earth export controls

China will impose a 34% tariff on imports of all U.S. products beginning next Thursday, the country’s Customs Tariff Commission said Friday.

The new tariff matches the rate of U.S. “reciprocal” tariffs that President Donald Trump announced on Wednesday, claiming China has imposed duties and other measures on American goods that amount to a 67% trade barrier.

“China firmly opposes this and will take countermeasures to safeguard its own rights and interests,” China’s Commerce Ministry said in a stat...

https://www.freightwaves.com/news/china-hits-us-with-tariffs-rare-earth-export-controls

China stops importing liquefied natural gas from US due to tariffs

China has halted imports of liquefied natural gas from the U.S. for the past 40 days amid an escalating global trade war since President Donald Trump took office, reported Bloomberg.

The purchase freeze was the result of Trump’s imposing an additional 10% tariff on all Chinese imports on Feb. 2. In response, China imposed 15% tariffs on U.S. LNG imports and a lower tariff on crude oil imports.

China is the world’s largest buyer of LNG. The U.S. is the top global LNG shipper but was the No. 4...

https://www.freightwaves.com/news/china-stops-importing-liquefied-natural-gas-from-us-due-to-tariffs

Canada, China and Mexico strike back as Trump’s tariffs go into effect

President Donald Trump hit imports from Canada and Mexico with 25% tariffs overnight, alongside an additional 10% tariff on goods from China imposed Monday.

The import duties are aimed at forcing more cooperation from Canada, China and Mexico on stopping illegal immigration and drug smuggling into the U.S., Trump said.

Mexican President Claudia Sheinbaum announced Tuesday that her government plans to respond to the U.S. tariffs with its own tariff and nontariff measures starting Sunday.

Canadian...

https://www.freightwaves.com/news/canada-china-and-mexico-strike-back-as-trumps-tariffs-go-into-effect

Trump raises tariffs on Chinese goods another 10%

President Donald Trump signed an executive order Monday to raise tariffs on imports from China by an additional 10%, while reaffirming tariffs on goods from Canada and Mexico will go into effect Tuesday.

Trump’s order said Chinese imports will now face 20% tariffs “over their failure to address the fentanyl pouring into our country,” according to a post on X.

Authorities in China are formulating countermeasures in response to the U.S. tariffs, according to The Global Times, a newspaper of China’s...

https://www.freightwaves.com/news/trump-raises-tariffs-on-chinese-goods-another-10

Canada, Mexico tariffs a ‘fluid situation,’ Commerce head says 

President Donald Trump plans to go forward with import tariffs on Canadian and Mexican goods on Tuesday, possibly starting a North American trade war.

The import duties are aimed at forcing more cooperation from Canada and Mexico on stopping illegal immigration and drug smuggling into the U.S., Trump said.

The Trump administration said tariffs will be imposed, despite a boost in border security and a diplomatic push by both Canadian and Mexican officials to finalize an agreement before the...

https://www.freightwaves.com/news/canada-mexico-tariffs-a-fluid-situation-commerce-head-says

Trump, Commerce head differ on start dates for tariffs on Canada and Mexico

The White House said it still plans to implement 25% tariffs on imports from Canada and Mexico starting next week — despite comments from President Donald Trump on Wednesday that the tariffs would be delayed until April 2.

“April 2 … for everything,” Trump said during a televised Cabinet meeting in the White House, when asked about the planned tariffs on the North American countries. “I’m not stopping the tariffs. Millions of people have died because of the fentanyl that comes over the border.”

Me...

https://www.freightwaves.com/news/trump-commerce-head-differ-on-start-dates-for-tariffs-on-canada-and-mexico

Estados Unidos alcanzó su total de comercio más alto con cualquier nación en 2024: $ 840B con México

estados-unidos-alcanzo-su-total-de-comercio-mas-alto-con-cualquier-nacion-en-2024:-$-840b-con-mexico

México fue el principal socio comercial de los Estados Unidos por segundo año consecutivo en 2024, totalizando un récord de $ 840 mil millones. Era el total de comercio anual más alto que cualquier país había registrado con los EE. UU., Según Ken Roberts, fundador y presidente de la firma de...

https://fullavantenews.com/estados-unidos-alcanzo-su-total-de-comercio-mas-alto-con-cualquier-nacion-en-2024-840b-con-mexico/?lang=es

US hit its highest-ever trade total with any nation in 2024: $840B with Mexico

Mexico was the top U.S. trade partner for the second consecutive year in 2024, totaling a record-breaking $840 billion.

It was the highest annual trade total any country had ever recorded with the U.S., according to Ken Roberts, founder and president of market research firm WorldCity.

“Mexico was the top U.S. trade partner for the second consecutive year – a first for Mexico – and topped $800 billion in U.S. trade, the most ever by any nation,” Roberts wrote in a column on Forbes.com.

Canada...

https://www.freightwaves.com/news/us-hit-its-highest-ever-trade-total-with-any-nation-in-2024-840b-with-mexico

Tariffs loom over freight market, may shift supply chains, SONAR experts say

President Donald Trump’s tariffs on China and those threatened against Mexico and Canada may slow freight markets and shift supply chains to Vietnam, Taiwan and India, according to a panel of SONAR market experts.

SONAR’s Zach Strickland, director of freight market intelligence; Tony Mulvey, senior analyst, economics and transportation; and Mike Baudendistel, head of intermodal solutions, hosted a webinar on Tuesday titled “Navigating the Trump Administration’s Tariff Policies: A Roundtable...

https://www.freightwaves.com/news/tariffs-loom-over-freight-market-may-shift-supply-chains-sonar-experts-say

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