tariff
Stock market today: Dow, S&P 500, Nasdaq futures stall in wait for CPI to reveal tariff impact on inflation Yahoo Finance Source link
By Sophie Yu, David Kirton and Ellen Zhang BEIJING/SHENZHEN (Reuters) -When she heard the news that Washington had slashed punitive tariffs on China for at least 90 days, Deng Jinling, manager of a Chinese company that exports thermos flasks to the U.S., popped open a bottle of champagne with her husband. While Deng celebrated the […]
The US has announced it is cutting the tariff on small parcels sent from mainland China and Hong Kong to the US from 120% to 54%, hours after Washington and Beijing agreed a 90-day pause in their trade war. Donald Trump signed an executive order more than halving the levy, which was
President Trump’s decision to impose, and then walk back, triple-digit tariffs on Chinese products over the past month demonstrated the power and global reach of U.S. trade policy. But it was also another illustration of the limitations of Mr. Trump’s aggressive approach. The tariffs on Chinese goods, which the United States ratcheted up to a […]
Michael Race Business reporter, BBC News Getty Images The US and China have agreed a truce to lower import taxes on goods being traded between the two countries. The agreement marks a major de-escalation of the trade war between the world’s two biggest economies, which has sent shockwaves impacting countless other countries, including the UK. […]
US-China trade war latest: Global markets lifted by tariff deal Financial Times Source link
GENEVA (AP) — The U.S. and China on Sunday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand. U.S. President Donald Trump wrote on social media that “great progress” was being made and even suggested a “total reset” was a […]
Donald Trump has hailed a “total reset” in US-China trade relations after the first day of talks between top American and Chinese officials in Geneva aimed at defusing a trade war sparked by his tariff rollout. The US president praised the “very good” discussions and deemed them “a total reset negotiated in a friendly, but […]
Sensitive talks between U.S. and Chinese delegations over tariffs that threaten to upend the global economy ended after a day of prolonged negotiations and will resume Sunday, a source briefed on the meetings confirmed to CBS News. There was no immediate indication whether any progress was made Saturday during the more than 10-hour meeting between […]
President Trump signaled Friday that the U.S. may be open to lowering tariffs on China. “80% Tariff on China seems right!” he wrote on Truth Social, his social media platform. “Up to Scott B.” The conciliatory tone of Mr. Trump’s post comes as Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are scheduled […]