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China, Trump and tariffs

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Trump said his administration is "very close" to reaching a deal on TikTok, with multiple investors involved.
From USA TODAY
Suppliers in Vietnam, Indonesia and China make 95% of the sneaker company’s manufactured goods.
From Wall Street Journal
The new tariffs would increase the average U.S. import tariff rate on apparel from 14.5% in 2024 to 30.6%, according to calculations by Sheng Lu, professor of fashion and apparel studies at the Unive...
From Inc

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China's TikTok approval may lead to US tariff reductions, says Trump
Speaking to reporters aboard Air Force One, Trump used TikTok as an example of how tariffs can be used to negotiate with other countries.
Conservative group launches first lawsuit against Trump emergency China tariffs
A conservative legal group has filed the first federal lawsuit challenging an emergency power President Donald Trump used to impose tariffs on China. On Thursday, the New Civil Liberties Alliance filed a complaint in the U.
China threatens retaliation after Trump hits it with highest U.S. tariff on any country
China said Thursday it would take all “necessary measures” to protect its legitimate interests after it was hit particularly hard by President Donald Trump’s sweeping tariffs on U.S. trading partners around the world.
Nike Shares Tumble After Trump Puts 46% Tariff on Vietnam
Nike shares fell 6% after President Trump announced reciprocal tariffs of 46% on Vietnam, 32% on Indonesia and 34% on China. Suppliers in Vietnam, Indonesia and China make 95% of the sneaker company’s manufactured goods.
How tariffs will impact sports merchandise, collectibles
The company produces 59% of its apparel in Vietnam, China and Cambodia, which were hit with tariffs of 46%, 34% and 49%, respectively. The company also produces half of its footwear in Vietnam and another 45% in China and Indonesia,
From Nikes to Big Macs: What Trump’s tariffs mean for consumers
Nike shoes, iPhones and diamonds are all collateral in Donald Trump’s trade war, with the prices of all these items and others set to be affected by “liberation day” in the US.
Trump Shoes Nike, and Other Footwear Makers
Having taken the hint from Washington and moved production out of China to Viet Nam, apparel and athletic goods makers are blindsided by tariffs.
Nike Stock Drop Erases $12 Billion in Market Value
Nike shares took a big hit Thursday morning following President Trump’s tariff announcement, falling 13% and erasing more than $12 billion in market value. The new round of tariffs include a 46% rate on goods from Vietnam,
Walmart, Best Buy, Nike's major supply hubs in Asia
President Donald Trump's move to impose sweeping tariffs on U.S. imports could force major retailers to raise prices on products ranging from apparel and footwear to electronics as supply hubs Vietnam,
The Economist15h
As Donald Trump’s trade war heats up, China is surprisingly confident
In response to Donald Trump’s first term as president, Xi Jinping, China’s leader, initiated a campaign to reduce China’s economic dependence on America. Chinese officials are hoping that a revival in domestic demand,
China Calls Trump’s Tariffs ‘Unilateral Bullying’ and Vows Countermeasures
China has come out swinging against President Trump’s tariffs and says it will take resolute measures in response. A Commerce Ministry statement Thursday said the tariffs “violate international trade rules,
Trump's global trade war may defeat US strategic goals on China
In its first months, U.S. President Donald Trump's administration has moved to deter China from threatening its neighbors, signalling that the U.S. will ramp up its military presence in the Indo-Pacific and offer more support to Taiwan.
Chip Roy follows Trump's lead with bill to 'beat China' on trade
A new House GOP bill is aimed at bolstering U.S. manufacturing after President Donald Trump issued sweeping tariffs.
Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.
China condemns new US tariffs, promises to safeguard its interests
China condemns Trump's tariffs and promises to safeguard its own interests:: April 3, 2025:: Beijing, China:: Guo Jiakun, Foreign ministry spokesperson"Under the guise of reciprocity, the U.S. has imposed tariffs on products exported to the US from many countries,
China urges US to cancel reciprocal tariffs
China has urged the United States to immediately cancel unilateral tariff measures and properly resolve differences with trading partners through equal dialogue, the commerce ministry said on Thursday.
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