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American businesses are canceling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasn’t been felt by many Americans yet, but that’s about to change.

President Donald Trump suggested another delay to his higher so-called “reciprocal” tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration.

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

Chinese cranes used at ports are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no U.S. industry for the equipment exists.

China on April 24 denied President Donald Trump’s assertion that the two sides were in active negotiations over tariffs, saying the suggestion was as groundless as “trying to catch the wind.”

Treasury Secretary Scott Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs — including non-tariff barriers.

President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the countries can reach a deal, a sign he may be backing down from his tough stance.

President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.

President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.