Your packages are going to be more expensive
The US Postal Service (USPS) said it’s suspending the import of products from China, after US President Donald Trump ended the ‘de minimis’ customs exemption that let shoppers and importers skirt duties on packages worth less than $800. The move comes after the US imposed 10% tariffs on Chinese goods and ended the customs exception that allowed small value parcels to enter without paying tax.
The cities of China have become major players in world science
China’s efforts to become the leading producer of electric vehicles by 2025 could be put at risk if restrictions on imports are put into place, Marina Zhang, an innovation researcher, said. China is the leading source of new electric cars in the world and the situation in the region is threatening to undermine its success, she added.
China ponders what will come under Trump 2.0
China has warned US President Donald Trump it will retaliate if tariffs are imposed on goods from the two countries. “We will do our best to raise the price of products for US consumers,” Chinese Foreign Ministry said. The US has imposed tariffs on $3 billion worth of Chinese products and is also planning to impose tariffs on an additional $60 billion worth of Chinese goods.
Scientists worldwide react to the Trump election win
After US President Donald Trump won re-election in the presidential election, scientists have said that there’ll be a “marked reduction” in scientific cooperation with China. They added that Trump’s administration could also withdraw the US from the Paris climate accord and restrict AI development. Meanwhile, scientists also said that there is no clear plan for reviving the China Initiative.
China has sent its first-ever samples from the far side of the moon
The first soil samples taken from the far side of the Moon arrived on Earth on Wednesday. The samples were delivered by the Chang’e 6 spacecraft, which landed at the moon’s south pole in December 2017. China plans to send its Chang’e 7 spacecraft to the moon’s south pole in 2026 to search for water and other resources.
There is still room for Chinese science to grow
South Korea and Singapore, which are part of China-backed Belt and Road Initiative (BRI), have emerged as the most active countries in collaboration between China and BRI countries, a US-based researcher said. “It’s not like…Chinese Communist Party is saying to Chinese researchers that they must collaborate with these countries,” Jenny Lee, a science policy researcher at the University of Arizona in Tucson, said.
The US will be increasing tariffs on solar panels, batteries, and computer chips
US President Donald Trump, in his speech to the National Governors’ Association last week, said that his administration is “going to take a look at China and it’s going to be very good for us”. He added that China will be “very happy” to have him as its President. He said, “We’re going to have a better relationship with China.”
Michael Cohen is returning to the stand before Biden announced new Chinese tariffs
The White House has downplayed the risk that the new levies could spark retaliation from China, stating that the issues have been discussed during meetings of top US and Chinese officials. Earlier, US President Donald Trump said he would increase tariffs on all imports, including targeting Chinese cars if he’s elected. However, the White House said that comments would cause a hike in consumer prices.