No exceptions.” Kelly’s eagerness to diversify her supply chains is one way attendees at China’s largest and oldest trade show — known as the Canton Fair — are adapting to a new reality for global commerce after US President Donald Trump raised levies on most Chinese goods to as much as 145 per cent this month.

President Donald Trump is claiming that tariffs on imported goods are bringing in billions of dollars a day — $2 billion to be exact.

Statement: The U.S. is “taking in almost $2 billion a day in tariffs.” Before pausing country-by-country tariffs for 90 days, President Donald Trump repeatedly said tariffs were bringing in immense revenue.

The clock is ticking on a race of President Donald Trump's own making: a sprint to negotiate dozens of trade deals before his 90-day pause on some tariffs expires — talks that negotiators of past trade deals say come with a range of strategic and logistical hurdles due to Trump's compressed timeline.

Donald Trump claimed America is “taking in billions and billions of dollars” as a result of global trade tariffs. The US president said nothing he heard during a White House meeting with Italy's prime minister Giorgia Meloni on Thursday (17 April),