U.S.-China Tariff Tensions Ease
October 31, 2025
A “truce” includes a U.S. tariff reduction and several pledges by Beijing.
A “truce” includes a U.S. tariff reduction and several pledges by Beijing.
Analysts say the recent rate cut will primarily benefit the top end of the market, as FLIBS gets underway and winter shows are on the horizon.
The Trump Administration announced dozens of new trade levies that take effect Aug. 7, including 35% on Canadian goods.
The levies against 14 trading partners, ranging from 25% to 40%, will take effect Aug. 1 unless deals are secured.
With 147,000 jobs added in June, “we keep waiting for the job growth to slow down,” economist Ian Wyatt told Trade Only Today.
Consumer confidence showed signs of life in May amid continuing overall economic uncertainty
Consumer prices rose 2.4% for the 12-month period, with a lower-than-expected month-over-month increase.
The countries for 90 days will reduce tariffs to 10%, though a 20% “fentanyl tariff” against China will remain.
Facing the risk of higher unemployment and inflation amid tariff turmoil, the benchmark rate is unchanged.
NMMA’s Robyn Boerstling spoke with Trade Only Today about how the organization is fighting for the industry in the ever-changing tariff environment.
A “truce” includes a U.S. tariff reduction and several pledges by Beijing.
Analysts say the recent rate cut will primarily benefit the top end of the market, as FLIBS gets underway and winter shows are on the horizon.
The Trump Administration announced dozens of new trade levies that take effect Aug. 7, including 35% on Canadian goods.
The levies against 14 trading partners, ranging from 25% to 40%, will take effect Aug. 1 unless deals are secured.
With 147,000 jobs added in June, “we keep waiting for the job growth to slow down,” economist Ian Wyatt told Trade Only Today.
Consumer confidence showed signs of life in May amid continuing overall economic uncertainty
Consumer prices rose 2.4% for the 12-month period, with a lower-than-expected month-over-month increase.
The countries for 90 days will reduce tariffs to 10%, though a 20% “fentanyl tariff” against China will remain.
Facing the risk of higher unemployment and inflation amid tariff turmoil, the benchmark rate is unchanged.
NMMA’s Robyn Boerstling spoke with Trade Only Today about how the organization is fighting for the industry in the ever-changing tariff environment.
