Morocco is linked to Europe on the strength of its auto sector and a trade pact. But its status as a connector country has become precarious in the trade war.
China’s central bank acted shortly after news that officials from China and the Trump administration will hold their first formal trade talks since the punishing tariffs began.
Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, will discuss trade and economic matters with the officials this week.
While imports can swing with seasonal shifts, President Trump’s ratcheting up of U.S. tariffs on China has begun to cascade through supply chains, government data shows.
As a U.S. tax loophole ends, the apparel makers that sell to America are forced to consider alternative markets or cheaper locations in and outside China.
The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.
Chinese officials have long used their willingness to cooperate to stem the flow of fentanyl to the United States as leverage in talks over broader disputes.
The e-commerce site acted after the Trump administration said it would close a loophole that allowed low-cost Chinese-made items to enter the U.S. without import fees.
Irish investigators said TikTok did not protect the data of users in the European Union, improperly transferring some of it to China. TikTok said it would appeal.
An exemption that allowed cheap Chinese goods to enter the United States duty free was eliminated on Friday, which could lead to higher prices and delays on purchases.
President Trump’s approach to foreign policy in his second term has been transactional, unpredictable and exploitative. Allies and enemies alike are beginning to adapt.
President Trump’s approach to foreign policy in his second term has been transactional, unpredictable and exploitative. Allies and enemies alike are beginning to adapt.