China Tariffs

Trump's tariff pause rewards cooperative trade partners while isolating China

White House trade advisor Peter Navarro said President Donald Trump's announcement of a pause on higher tariffs is an example of the "art of the reciprocal trade deal."

President Donald Trump on Wednesday said he is immediately raising the tariffs on Chinese goods to 125% over Beijing’s “lack of respect" toward America.

"China is the most imbalanced economy in the history of the modern world," Treasury Secretary Scott Bessent told reporters on Wednesday.

Treasury Secretary Scott Bessent said the customized tariffs leveled on handful of countries were paused so President Trump can be "personally involved" in the negotiations.

At a Wednesday hearing, U.S. Trade Representative Jamieson Greer faced a grilling from Democrats on the House Ways and Means Committee.

For many years, tariffs were viewed favorably by Americans. But in the 1930s, one act of Congress changed people's minds. That act is erroneously blamed for the Great Depression.

Treasury Secretary Scott Bessent reacts to China hiking tariffs on U.S. imports to 84% on FOX Business, calling the decision a "loser" move for them.

China is raising its tariffs on American imports from 34% to 84% in response to President Donald Trump's reciprocal tariffs against Beijing.

China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases.

The White House confirmed that China would be slapped with additional tariffs at midnight on April 9 after the country failed to meet President Donald Trump's deadline for lifting retaliatory tariffs.

Sen. Rand Paul blasted tariff policy as misinformed and destructive, suggesting it is based on a false premise that a person loses when they make a trade.

Trump's shift in focus to reciprocity and "great" trade deals is the right choice on tariffs