By Lisa Baertlein LOS ANGELES (Reuters) -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.

Furniture and bedding from China have been among the top areas where higher tariffs on goods from China have begun to impact consumer prices, according to a new chart from TD Securities. Other areas,

Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s tariff threat reiteration.

(Reuters) -U.S. Commerce Secretary Howard Lutnick said on Wednesday that the 55% tariffs imposed by the United States on China will not change after a trade deal was struck between the two countries.

As President Donald Trump on Wednesday announced progress on trade negotiations with China, Wall Street continues to ask questions on how much tariffs the nation’s retail chains can handle.

LONDON (AP) — President Donald Trump announced Wednesday that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.

The United States finalized a trade deal with China on Thursday that will see tariffs on Chinese imports fall to 55 percent (from 145 percent) and Chinese

The latest trade “deal” between the U.S. and China underscores two uncomfortable realities for the economy and markets: Tariffs aren’t going away and uncertainty is here to stay. President Donald Trump said in a Truth Social post that negotiators in London had reached an agreement to restore last month’s trade cease-fire,