After the U.S. and China agreed to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.
June 2, 2025tariffs News Updates
Trump Seeks Xi Call as Rare Earth Clash Escalates
US-China Trade Tensions Flare Again as Talks Stall
The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president鈥檚 claim that Beijing breached the consensus reached in Geneva in May.
June 2, 2025Steel and Aluminum Prices Jump on Trump Tariff Move
Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week.
June 2, 2025Trump Tells US Steelworkers He鈥檚 Going to Double Tariffs
President Donald Trump told Pennsylvania steelworkers he鈥檚 doubling the tariff on imported steel and aluminum to 50% to protect their industry.
May 31, 2025Northern US Mayors Call for End to Trade War With Canada
Mayors in states that border Canada are calling for an end to President Donald Trump鈥檚 trade war with the country, saying it has harmed businesses and workers in their communities.
May 30, 2025Volkswagen to Offer Investments to US to Ward off Tariffs
Volkswagen is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume.
May 30, 2025Trump Says China Violated Its Trade Agreement With US
President Donald Trump said he expected to speak to Chinese President Xi Jinping after accusing China of violating an agreement with the U.S. to ease tariffs.
May 30, 2025Tariff Truce Has Kept China-US Trade Flowing Across the Pacific
The ceasefire in the tariff fight between the United States and China is encouraging trade across the Pacific, holding up freight prices three weeks on, even as container bookings have slowed.
May 30, 2025Federal Appeals Court Overturns Tariff Pause, For Now
A federal appeals court has allowed President Donald Trump to temporarily continue collecting tariffs under the emergency powers law while he appeals the federal trade court鈥檚 decision.
May 29, 2025US Ports Log Strong April Despite Trade Policy Shifts
U.S. ports continued to see year-over-year container volume increases in April even amid shifting trade policies in recent months.
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