Xi, China and Trump
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The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,
6don MSN
The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent predicted Tuesday, though he maintained higher tariff rates on other countries’ imports are still slated to take effect Aug. 1 as scheduled.
Officials are meeting in Sweden for their third round of talks in as many months, ahead of an Aug. 12 deadline, to try to avoid a flare-up in trade tensions.
Officials say some Chinese companies have skirted the tariffs that Trump imposed in 2018 by shipping goods to American customers via third countries.
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
President Donald Trump announced a trade deal with the EU for a baseline tariff of 15% on the bloc's goods going to the U.S. German car maker Audi, owned by Volkswagen, and Heineken, the Dutch brewer,
Trump is targeting China's transshipments through Southeast Asia. But can tariffs and trade agreements really curb China's regional exports?
Investors will not be able to look away over the coming week as every single day could produce significant market-moving news.