import tariffs

China Halts Import of Key Australian Commodities

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A cargo ship on its way from Hong Kong to New Zealand.

Tensions between China and Australia have risen as China halts import of seven key Australian commodities. (Image: via Flickr)

What Are Tariffs and Trade Wars?

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A ship loaded with containers.

America's first major trade war occurred in 1930 when the Smoot-Hawley Tariff Act increased imports tariffs from 40 to 59 percent. (Image: via Pixabay)

Pressure Mounting as Beijing Cuts Import Tariffs on Over 1500 Products

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Beijing has reportedly decided to slash import duties of more than 1,500 products amid increased U.S. pressure and slowing exports. (Image: Mikel Davis / Nspirement)

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