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TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.

President Donald Trump said he would maintain the duty-free exception for low-value packages coming from China until “adequate systems are in place to fully and expediently process and collect tariff revenue.” 

The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.

China’s decision to slap tariffs on liquefied natural gas imported from the U.S. will trigger a scramble to decouple the world’s biggest buyer and seller of the super-chilled fuel.

BEIJING — China countered President Donald Trump’s tariffs on Chinese products with tariffs on select U.S. imports Feb. 4, as well as announcing an antitrust investigation into Google.

Trucking stakeholders are raising alarm that U.S. implementation of tariffs on Mexico and Canada will harm American truckers, cause supply chain instability and hike prices for consumers.

WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.

TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.

The threat of tariffs has loomed large over U.S. equities. Investors and strategists warn that high levies can reignite inflation in the country, and in turn, weigh on stocks.