The U.S. government’s use of tariffs to address what are viewed as unfair trade practices and the overseas drug trade has been a hallmark of President Donald Trump’s second administration.
April 10, 2025tariffs News Updates
US Nets $8.66 Billion in Tariffs on China, Mexico, Canada
Trump China Tariffs Now at Least 145% as Trade War Ramps Up
President Donald Trump’s tariffs on Chinese imports are now at least 145%, far above the level many economists said could decimate U.S.-China trade.
April 10, 2025Trump Again Increases Small Parcel Tariff on China Shipments
President Donald Trump’s escalating trade war with China once again increased tariffs applied to small parcels that were previously exempt from duties.
April 10, 2025Truck Prices to Rise as Early as May Due to Tariffs
Truck manufacturers are set to raise the prices of new Class 8 tractors as early as May as a result of tariffs on U.S. imports, with further hikes likely on the way.
April 10, 2025Inflation Fell in March Ahead of Tariff Impact
U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.
April 10, 2025EU Pauses Tariff Retaliation for 90 Days to Match Trump Move
The EU’s executive commission said April 10 it will put trade retaliation measures on hold for 90 days to match President Donald Trump’s pause on his new tariffs and leave room for negotiation.
April 10, 2025No New Tariffs for Canada, Mexico Under Trump Update
President Donald Trump’s sudden change to tariff policy on April 9 won’t affect the rates that currently apply to Canadian and Mexican products, according to a White House official.
April 9, 2025US-China Trade War Intensifies With No End in Sight
On April 9, Trump ratcheted up pressure on China, raising the import duty to 125%, even as he announced a 90-day pause on reciprocal tariffs for dozens of other trade partners.
April 9, 2025Trump Pauses Tariffs on Most Nations for 90 Days
Facing a global market meltdown, President Donald Trump on April 9 abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
April 9, 2025Walmart to Absorb Tariff Hikes to Keep Prices Low
As tariff-spooked shoppers begin pulling back on spending, Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.
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