Tariff reductions are bigger than expected and Bessent says ‘neither side wants to decouple’
China-USA
Tariff reductions are bigger than expected and Bessent says ‘neither side wants to decouple’
Sides will continue to negotiate after having temporarily set tariffs over 100%,
President says 'great progress' was made with Beijing amid tariff battle
The US President has used his social media to send a message as key administration members prepare for crunch talks with China.
Goods included on 'whitelist' remain unclear
One person close to the White House said that it “may take months to hammer out the final deals.”
The US president is reportedly not interested in informal diplomatic contact with China on trade
Both sites say U.S. customers will see higher prices starting next week
The warning comes amid an escalating trade war between Washington and Beijing
From Apple and Boeing to Nike and Starbucks, there is a lot of money at stake
Washington (AFP) – US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.
'These are things that are national security,' says U.S. commerce secretary
China, which has retaliated with 125% tariffs, called for a "return to the right path of mutual respect".
Trump levies 125% tariffs against China, further escalating tit-for-tat trade war