Cattle farmers may face financial uncertainty and hardship after China added a huge tariff on American beef imports last month.

Tech giant Amazon said on Tuesday it held discussions with some vendors about adjusting costs to reflect the reduction in tariff rates for Chinese imports.

Mr. Trump and his supporters have taken the opposite view, arguing that the strong economy is evidence the president’s economic plan is working perfectly. The president has been able to usher in the highest tariffs in a century with minimal inflation and a booming economy, they say.

Mexico implemented tariffs on China and other non-free trade agreement countries on Jan. 1, affecting cars, clothing, furniture and more.

U.S. shrimp imports declined for the third straight month in October 2025, according to ShrimpInsight’s Willem van der Pijl.

Amazon is renegotiating supplier prices following U.S. tariff cuts on Chinese imports, reversing earlier concessions while navigating potential Supreme Court rulings that could affect trade policy.

The country will also lower levies on medical products including artificial blood vessels and diagnostic kits for certain infectious disease, according to a statement by the Customs Tariff Commission of the State Council.

The overall trade gap plunged 39% to $29.4 billion in October, as imports fell by 3.2%, Department of Commerce figures show. The deficit was significantly lower than the $58.4 billion median forecast from surveys of economists by Dow Jones Newswires and The Wall Street Journal.

Exporters are seeking lower import duties on raw materials, continued support for MSME-led exports, and measures that ease cash-flow pressures. Support for clean energy adoption and technology upgrades is also seen as important to meet global market requirements.

O’Leary Ventures chairman Kevin O’Leary says he’s ‘freaked out’ that China is ‘kicking our butts’ in the energy sector on ‘The Evening Edit.’