Trump drops 100% China import tariff plan but keeps auto duties
President Donald Trump announced the US will not implement the 100 % tariff on Chinese imports originally planned for November, easing trade-war concerns. However, tariffs on heavy trucks and buses will begin November 1, likely raising costs for automotive manufacturers. Markets reacted positively to the partial rollback, with industrial and logistics shares rebounding.
neutral
22h ago
Trump drops 100% China import tariff plan but keeps auto duties
President Donald Trump announced the US will not implement the 100 % tariff on Chinese imports originally planned for November, easing trade-war concerns. However, tariffs on heavy trucks and buses will begin November 1, likely raising costs for automotive manufacturers. Markets reacted positively to the partial rollback, with industrial and logistics shares rebounding.
neutral
Trump drops 100% China import tariff plan but keeps auto duties
about 22 hours ago
1 min read
53 words
US cancels 100 % China import tariff; retains duties on heavy vehicles.
President Donald Trump announced the US will not implement the 100 % tariff on Chinese imports originally planned for November, easing trade-war concerns. However, tariffs on heavy trucks and buses will begin November 1, likely raising costs for automotive manufacturers. Markets reacted positively to the partial rollback, with industrial and logistics shares rebounding.
President Donald Trump announced the US will not implement the 100 % tariff on Chinese imports originally planned for November, easing trade-war concerns. However, tariffs on heavy trucks and buses will begin November 1, likely raising costs for automotive manufacturers. Markets reacted positively to the partial rollback, with industrial and logistics shares rebounding.