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Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff
The US has reached a new trade agreement with China under which all Chinese imports will face a 55% tariff, while American exports to China will be subject to a reduced 10% tariff. This was the result of two days of talks between diplomats from the two nations in London.
The zero-tariff move, when implemented, will be an extension of the deal made last year for China to drop tariffs on goods ...
Shares of Oxford Industries were falling Thursday after the company slashed its fiscal-year outlook due to increased tariff ...
China will negotiate and sign a new economic pact with Africa that will get rid of all tariffs on the 53 African states it ...
Furniture and bedding from China have been among the top areas where higher tariffs on goods from China have begun to impact ...
Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s ...
Billions of dollars of Chinese goods have been impacted by additional U.S. tariffs since 2018, initially under the first ...
A tentative agreement between the White House House and Beijing would, among other things, restore US access to valuable ...
As President Donald Trump on Wednesday announced progress on trade negotiations with China, Wall Street continues to ask ...
Treasury Secretary Scott Bessent on Thursday declined to give clarity on the timeline for U.S. tariffs on China. In May, the U.S. and China agreed to a 90-day pause on sky-high tariffs, giving them ...
The potential stunting of innovation follows an economic slowdown during the coronavirus pandemic, when companies also had to ...
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