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.
April 23, 2025Latest News Updates From Bloomberg News
Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal
Trump Moves Closer to Port Fee on Chinese Vessels
The Trump administration took steps to impose levies on Chinese vessels docking at U.S. ports, threatening to shake up global shipping routes and escalate the trade war.
April 18, 2025Keystone Restarts Oil Pipeline After Leak Prompted Shutdown
The operator of the Keystone oil pipeline brought the conduit back into service, putting an end to a weeklong outage caused by an estimated 3,500-barrel spill in rural North Dakota.
April 16, 2025Trump Trade War Sparks Run on US Warehouses
U.S. importers looking to sidestep Trump administration tariffs are seeking space in a type of warehouse that lets them stash merchandise for as long as five years without paying duties.
April 16, 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, 2025Thyssenkrupp Weighs Exit Options for Logistics Unit
Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.
April 9, 2025Tariff Fears Drive Surge in Consumer Spending
Trump’s tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.
April 8, 2025Xi Declares China Ready to Fight Trump’s Trade Tariffs
President Xi Jinping’s decision to quickly retaliate against Donald Trump’s sweeping tariffs sent the world a clear message: If the U.S. wants a trade war, China is ready to fight.
April 7, 2025Carmakers Stop Plants, Ponder Prices as Trump’s Tariffs Hit
Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars were already reverberating around the globe.
April 4, 2025OPEC+ Deepens Oil Price Slump by Accelerating Supply Hike
OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs.
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