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Phillipmuh Sobota, 31 Maj 2025 13:21
US and Chinese trade representatives are set to meet in Geneva this weekend for their first face to face meeting in an attempt to deescalate the trade war. Most goods shipping from China to the United States have a 145% tariff, while most US exports to China are being hit with a 125% tariff. On Friday, President Donald Trump suggested lowering the tariff rate with China to 80%, but said the final terms would be up to Treasury Secretary Scott Bessent.
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For consumers, who are facing higher prices or shortages of certain items, Cordero says a deal can’t come soon enough.
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“If things don’t change quickly, I’m talking about the uncertainty that we’re seeing, then we may be seeing empty products on the shelves. This is now going to be felt by the consumer in the coming 30 days,” said Cordero.
Upwards of 63% of the cargo that flows into the Port of Long Beach is from China — the largest share of any US port. But that number is down from 72% in 2016 as retailers shift away from China over simmering trade tensions.
Even so, China still represents a major source of imports into the United States. Maersk, the second largest shipping line in the world, told CNN the cargo volume between the United States and China has fallen by 30-40% compared to normal.
“If we don’t start to see a de-escalation of the situation with China, if we don’t start to see more of those trade deals, then we could be in a situation where some of these effects get more entrenched and are more adverse,” said Maersk CEO Vincent Clerc. -
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Teds Woodworking Reviews Sobota, 31 Maj 2025 13:11
I came across a Teds Woodworking review while searching for beginner-friendly project plans, and I’m honestly so glad
I gave it a try. The variety of projects is amazing—there’s something for every skill level.
I’ve already built a couple of pieces for my garage and backyard,
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AnthonyBeany Sobota, 31 Maj 2025 13:08
Giselle Ruemke was a Canadian traveler in her 50s who had, it turned out, a number of things in common with Savery Moore.
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For one, she’d always wanted to travel across Canada on The Canadian. “Taking the train was one of these bucket list things for me,” Giselle tells CNN Travel today.
And, like Savery, Giselle’s spouse had recently died of cancer.
Giselle and her late husband Dave had been friends for decades before they started dating. Within a few whirlwind years they’d fallen in love, got married and navigated Dave’s cancer diagnosis together.
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Then Dave passed away in the summer of 2023, leaving Giselle unmoored and unsure of the future.
In the wake of her grief, booking the trip on The Canadian seemed, to Giselle, “like a good way to connect with myself and see my country, refresh my spirit, a little bit.”
Like Savery, Giselle had always dreamed of taking the VIA Rail Canadian with her late spouse. And like Savery, she’d decided traveling solo was a way of honoring her partner.
“That trip is something that I would have really liked to have done with my husband, Dave. So that was why I was taking the train,” Giselle says today.
But unlike Savery, Giselle hadn’t booked prestige class. She admits she was “sticking it to the man” in her own small way by sitting in the reserved seats that first day.
She’d only moved when Savery arrived. She tells CNN Travel, laughing, that she’d thought to herself: “I better get out of the seat, in case someone prestige wants to sit in that spot.”
Giselle didn’t tell Savery any of this in their first conversation. In fact, she didn’t share much about her life at all in that first encounter.
But Giselle liked his company right away. He was friendly, enthusiastic and respectful — sharing that he was a widower and indicating he knew about Giselle’s loss without prying about the circumstances.
As for Savery, he says, it was “the common bond, the losses of our respective loved ones” that first made him feel a connection to Giselle. But it was also obvious that for Giselle, the loss was much fresher. She clearly didn’t want to talk about Dave that day. -
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ArthurPam Sobota, 31 Maj 2025 12:40
US and Chinese trade representatives are set to meet in Geneva this weekend for their first face to face meeting in an attempt to deescalate the trade war. Most goods shipping from China to the United States have a 145% tariff, while most US exports to China are being hit with a 125% tariff. On Friday, President Donald Trump suggested lowering the tariff rate with China to 80%, but said the final terms would be up to Treasury Secretary Scott Bessent.
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For consumers, who are facing higher prices or shortages of certain items, Cordero says a deal can’t come soon enough.
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“If things don’t change quickly, I’m talking about the uncertainty that we’re seeing, then we may be seeing empty products on the shelves. This is now going to be felt by the consumer in the coming 30 days,” said Cordero.
Upwards of 63% of the cargo that flows into the Port of Long Beach is from China — the largest share of any US port. But that number is down from 72% in 2016 as retailers shift away from China over simmering trade tensions.
Even so, China still represents a major source of imports into the United States. Maersk, the second largest shipping line in the world, told CNN the cargo volume between the United States and China has fallen by 30-40% compared to normal.
“If we don’t start to see a de-escalation of the situation with China, if we don’t start to see more of those trade deals, then we could be in a situation where some of these effects get more entrenched and are more adverse,” said Maersk CEO Vincent Clerc.
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