March 03, 2025
The probe covers derivative products made from lumber which could include furniture such as kitchen cabinets, which in some cases are made of US lumber that had been exported
EU and India’s two-way trade stands at $137.5 billion in 2023-24 fiscal year
As tariffs rise and trade war looms, China needs consumers to step up and purchase the products peers in other markets are now buying less of
While the threat of escalating tariffs has spurred dollar strength, it has also stoked worries about its impact on the US economy
Fresh tariffs on Chinese imports would stack on top of the 10% tariff that he levied on Feb 4, resulting in a cumulative 20% tariff