US-China Slash Tariffs in 90-Day Truce to Ease Trade War

By BPN News Desk May 12, 2025

International

In a significant breakthrough, the United States and China have agreed to a 90-day truce that includes substantial reductions in reciprocal tariffs. The move is seen as a step toward stabilizing global trade relations and easing tensions between the world’s two largest economies. The temporary

International

China Halts Boeing Jet Deliveries Amid Escalating Trade War with the US

By BPN News Desk April 16, 2025

In a significant escalation of trade tensions, China has instructed its airlines to cease accepting deliveries of Boeing aircraft. This move follows the United States’ imposition of tariffs up to 145% on Chinese imports, prompting China to retaliate with 125% tariffs on American goods, including aircraft and parts. The Chinese government’s directive also

International

Trump’s Tariffs Take Effect: Global Markets Slide, Trade Tensions Escalate

By BPN News Desk April 9, 2025

On April 9, 2025, the United States officially implemented sweeping tariffs on imports from several nations, most notably slapping a 104% total tariff on goods from China. The aggressive trade action, part of former President Donald Trump’s broader economic agenda, triggered immediate retaliatory measures and sent shockwaves through global financial markets. Trump

International

US Escalates Trade War with China by Imposing 104% Tariffs

By BPN News Desk April 9, 2025

In a dramatic escalation of the US-China trade conflict, the United States has announced a steep increase in tariffs on Chinese imports, bringing the total levy to 104%. This move signals the most aggressive step yet in the ongoing economic standoff between the two largest economies in the world. US-China Trade War Intensifies with 104% […]

Trade

Experts Predict Global Trade Disruptions Under Trump 2.0

By BPN News Desk January 13, 2025

Analysts foresee significant impacts on international trade due to geopolitical tensions and potential US-led trade wars under President Trump's second term.