In April, U.S. tariff revenue surged, helping to curb the further expansion of the budget deficit. However, as President Trump seeks trade agreements with countries that are subject to these tariffs, future tariff revenues may decline. Data from the U.S. Treasury Department shows that tariff revenue in April amounted to $16 billion, an increase of $9 billion compared to the same period last year, representing a 130% increase. According to aggregated data, this is the highest monthly tariff revenue record in at least a decade.

China LogisticsThe Procurement Association issued a statement opposing the U.S. Section 301 investigation measures in the logistics, maritime, and shipbuilding sectors: On April 17 local time, the U.S. Trade Representative's Office announced...China LogisticsThe final measures on the Section 301 investigation into maritime and shipbuilding sectors have obvious characteristics of unilateralism and protectionism, severely undermining the multilateral trading system and international trade rules.China Logistics The China Council for the Promotion of International Trade and the China Chamber of International Commerce solemnly declare their strong opposition to the U.S. invoking the Section 301 investigation as a pretext to...China Logistics , and the restrictive measures taken in the fields of maritime affairs and shipbuilding. We urge the US side to respect the market rules and multilateral trade rules, and immediately correct its wrong practices.

In March 2025, the retail sales of clothing, footwear, hats, and textiles amounted to 124 billion yuan, a year-on-year increase of 3.6%; the retail sales from January to March reached 386.9 billion yuan, a year-on-year increase of 3.4%.

Foshan Botel Plastic Products Co., Ltd. has issued a statement saying that due to changes in the international trade environment, the United States has imposed a 104% high tariff on the export products of our country's foreign trade enterprises. All of our factory's products are exported to the United States, and the current situation has caused a significant fatal impact on the company's production and operation. After careful consideration of the management, it has been decided that, due to helplessness, we will start to implement an intermittent suspension of work arrangement from now on, and the suspension of work is temporarily delayed until April 20, 2025. If there is any change, we will make arrangements again.

On April 2, President Trump signed two executive orders at the White House, announcing a "minimum threshold tariff" of 10% on trading partners and imposing higher tariffs on specific countries. In the statement, Trump declared the country to be in a state of emergency to enhance America's competitive edge, protect national sovereignty, and strengthen economic security. The White House statement noted that this 10% tariff would take effect at 12:01 a.m. on April 5. Additionally, countries with the largest trade deficits with the United States will be subject to higher personalized tariffs, expected to take effect at 12:01 a.m. on April 9. Other countries will continue to follow the existing 10% tariff rate.