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WASHINGTON: Global stock markets surged on Monday (May 12) after the US and China agreed to slash steep tariffs for at least ...
In China, jobs were at risk. And Beijing’s negotiators still have their work cut out for them to even things up. The deal brings total effective tariffs on Chinese goods to about 40 per cent, while ...
US Treasury Secretary Scott Bessent said the European Union suffers from a “collective action problem” that’s hampering trade ...