Cargo shipping containers sit on the Evergreen Ever Fame container ship docked at a container terminal at the Port of Los Angeles in Los Angeles, California on February 3, 2025. President Donald Trump delayed the start of tariffs on neighbors Mexico and Canada for a month February 3, 2025 -- but China remained in the firing line for levies that are putting the global economy on edge. (Photo by Patrick T. Fallon / AFP)
NEW YORK, United States – An escalating trade war between China and the United States faces another flashpoint Tuesday when Chinese ships will be required to start paying a special fee to dock at US ports.
The move, announced by the US Trade Representative (USTR) in April, triggered reciprocal measures from Beijing, which will impose similar fees on US vessels.
Even as GM beat estimates on key metrics, net income saw a sharp year-over-year decline to $1. 32 billion, less than half of the previous year’s $3 billion.
President Trump on Wednesday detailed plans for an arch to be built near the Lincoln Memorial at the entrance to Washington, D.C., the latest instance of Trump’s efforts to give the capital a makeover. Trump spoke about the plans during a dinner for donors contributing to cover the cost of a planned White House ballroom.…