Trump Touts China Trade Deal
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The United States and ... agreeing for now to slash reciprocal tariffs by more than 100 percentage points, bringing China’s duty rate down to just 10%. Under the agreement, the US will drop ...
President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.
The Commerce Ministry said China held up its end of the deal, canceling or suspending tariffs and non-tariff measures taken against the U.S. “reciprocal tariffs” following the agreement.
China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two nations last month,
US tensions with two key trade partners amped up on Monday after President Trump doubled tariffs on steel and aluminum and the US pushed countries for deals ahead of looming deadlines. China responded to Trump's claim on Friday that it has "totally violated its agreement" with the US,
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On February 13, 2025, Prime Minister Narendra Modi and President Donald Trump launched formal talks for a Free Trade Agreement (FTA). Now, as the negotiations reach final stages, India must pause and introspect: Does this deal even qualify as an FTA? Is it a rushed deal that risks giving away too much for too little in return?
While some some retailers are still weighing their options, which includes hiking up their prices in store, other companies, like Amazon and Home Depot, have said that since their consumer spending hasn't declined, they may not need to pass on their costs to the consumer.
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Just days after threatening to impose a 50% tariff on the EU, Donald Trump called it off.
President Donald Trump told reporters on Wednesday that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.
Here are all the tariffs, counter-tariffs, dealmaking, and deal-breaking between the world’s two biggest economies.