Trump threatens a 50% tariff on EU
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U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145 percent tariff rate on Chinese goods to 30 percent.
The de-escalation gives both sides breathing space to find a way to preserve a trading relationship that was threatening to grind to a halt.
1don MSNOpinion
China’s regime, by surreptitiously including suspicious components in Chinese equipment, has only itself to blame for the proposed restriction.
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online shopping from Shein or Temu.
The sky-high tariffs imposed by President Donald Trump on imports from China have largely been rolled back temporarily under the trade agreement.
Chinese authorities are reiterating their opposition to a Trump administration directive against certain high-end chips produced by Huawei, saying it undermines a recent consensus on trade. Days after U.
The Trump administration walked back its most aggressive tariffs on China last week, easing a trade war that had effectively halted the shipment of goods between the world's two largest economies. After talks in Geneva,
A deal with China is a relief to investors who worried 145% tariffs would severely limit trade, raise prices and hurt the US economy.
The U.S. and China have agreed to temporarily rollback on some tariffs. Adam Posen, president of the Peterson Institute for International Economics, puts today’s deal into context.
And that's why I predict that Apple will be the biggest winner of the U.S.-China tariff agreement -- from an earnings and a share performance perspective.
The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global economic growth.
Halfway through President Donald Trump's 90-day freeze on his so-called reciprocal tariffs, a persistent gripe is severe uncertainty.