कोशिश गोल्ड - मुक्त

Chinese imports fell during Trump's first term. It's happening again.

Mint Mumbai

|

August 15, 2025

President Trump recently delayed for 90 days raising tariffs on China to give the two sides more time to negotiate a trade deal.

- Chao Deng & Peter Santilli

Where the sides ultimately end up is an open question: The president hasn't said how much more he will impose on China beyond the 30% currently in place if a deal isn't reached.

But this much is clear: The U.S.'s reliance on Chinese goods has fallen off since Trump first put tariffs on China in 2018.

China now accounts for only about 12% of all U.S. imports, down from a peak of 22% in 2018, according to 12-month rolling data from the U.S. Census. The U.S. deficit with China, which Trump has often railed against, has shrunk to about $280 billion, based on 12-month rolling data. The peak was $418 billion in December 2018.

During Trump's first term, U.S. imports of Chinese goods declined soon after tariffs were imposed, and bottomed out during the pandemic.

Mint Mumbai से और कहानियाँ

Mint Mumbai

'FPIs, capex and earnings will drive markets up in Samvat 2082'

India is a market where exit is easy but entry is tough, says Nilesh Shah, MD of Kotak Mahindra AMC, the fifth-largest mutual fund based on quarterly assets under management (AUM) as of September-end.

time to read

4 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

Dissent aside, Tata Trusts keen to keep Tata Sons private

Tata Trusts remains committed to its decision to keep Tata Sons private, two Tata executives told Mint, hours after the Shapoorji Pallonji Group issued a public statement seeking a public share sale of the Tata Group holding company.

time to read

2 mins

October 13, 2025

Mint Mumbai

What the govt's capex growth does not reveal

The government's capital expenditure has surged sharply in the first five months (April-August) of FY26. It has already spent nearly 39% of the annual outlay of 11.2 trillion, a 43% year-on-year jump.

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

US seeks inventory model for e-comm

Negotiators cite 'level playing field', move may raise competition

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

EQT scraps Zelestra India sale, to pump in $600 mn

For scraps

time to read

2 mins

October 13, 2025

Mint Mumbai

INSIDE NADELLA'S AI RESET AT MICROSOFT

Earlier this month, Microsoft promoted Judson Althoff, its longtime sales boss, to chief executive of its commercial business, consolidating sales, marketing and operations across its products. The move was designed gence.

time to read

3 mins

October 13, 2025

Mint Mumbai

H-IB fee hike Trump's second blow to gems & jewellery firms

Losing sparkle

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

Slow drive for e-trucks as local sourcing rule bites

E-truck manufacturers wary of ambitious indigenization due to concerns over tepid demand

time to read

2 mins

October 13, 2025

Mint Mumbai

YOGA, AYURVEDA—INDIA CAN LEAD THE WISDOM ECONOMY

I was watching a video of a meditation studio in Manhattan when it struck me yet again. Twenty people, mostly American professionals, sitting cross-legged on expensive mats, were following breathing techniques that our grandparents and ancestors practised every morning.

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

Existing investors pour in $40 million into Dezerv

Wealth management platform Dezerv has raised ₹350 crore (about $40 million) in a new funding round from its existing investors, the company's top executive told Mint.

time to read

1 mins

October 13, 2025

Listen

Translate

Share

-
+

Change font size