How Beijing Evades Tariffs and How the US Is Fighting It
July 10, 2025 No Comments
‘Chinese manufacturers didn’t just sit back and accept the cost’ of tariffs, a shipping expert said.
‘Chinese manufacturers didn’t just sit back and accept the cost’ of tariffs, a shipping expert said.
Canada hands big win to Trump, suspends U.S. tech firm tax that had roiled trade talks
“Prices would rise — sharply — they said, reigniting an inflation crisis that tens of millions of Americans had elected [President Donald Trump] to solve,” CNN’s David Goldman wrote on Friday. “But that massive, tariff-induced inflation spike hasn’t materialized. Not even close.”
“President Trump correctly believes that America cannot function safely long term if we are unable to scale advanced domestic manufacturing capacity, have our own critical supply chains, and our defense industrial base is dependent on foreign adversaries.”
Republican Louisiana Sen. John Kennedy teased his “shock” Wednesday on “The Ingraham Angle” over a three-judge panel blocking President Donald Trump’s sweeping tariffs.
Headline inflation came in at just 0.2 percent for the month. Core inflation—excluding food and energy—also ticked up just 0.2 percent. Year-over-year, the all-items index slowed to 2.3 percent, the lowest reading since February 2021.
President Trump this week described the EU as ‘nastier than China’, and it has fallen to the back of the queue. And yet, the EU has more at stake than anyone else.
Washington and Beijing reached a temporary deal that rolled back many of the moves the countries have made against each other since April 2.
China and the United States announced on Monday that tariffs will be significantly reduced for a 90-day period, a development that came after weekend trade negotiations in Geneva, Switzerland.
‘Every little bit helps,’ one UK economist said about the new trade outline.
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