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Trump's tariffs are complicating Chinese vendors' efforts to become the next big thing on TikTok — or Shein or Temu. But they're pledging to find a way through.
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Markets in Asia and Europe ticked higher on Tuesday, as U.S. futures signalled a potentially narrow rise amid uncertainty over President Donald Trump's tariff plan.
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President Trump is staking everything on winning by imposing tariffs on China. But the fight threatens to choke off negotiations about other issues like Taiwan, fentanyl, TikTok and more.
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Citing a national security statute, the administration has begun a process to investigate the impact of imported semiconductors and pharmaceuticals.
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U.S. stocks closed higher on Monday following the White House announcement that key consumer electronics would be temporarily exempted from tariffs.
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The 33 billion won figure was about a quarter more than the 26 trillion committed last year.
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