China, Trump and Tariffs
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The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."
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President Donald Trump announced Wednesday that China will make it easier for American industry to obtain much-needed needed magnets and rare earth minerals, clearing the way for talks to continue between the world’s two biggest economies.
BEIJING (Reuters) -Billions of dollars of Chinese goods have been impacted by additional U.S. tariffs since 2018, initially under the first Donald Trump presidency and later under the Biden administration. Returning to the White House this year, Trump has imposed even more duties on China.
Furniture and bedding from China have been among the top areas where higher tariffs on goods from China have begun to impact consumer prices, according to a new chart from TD Securities. Other areas,
PARIS/LONDON (Reuters) -Negotiators representing French cognac producers suggested minimum prices for exports to China of between $20 and around $300 per litre as an opening bid in talks aimed at ending a tariff stand-off with China, a document seen by Reuters shows.
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An interim trade deal between the U.S. and China will keep high tariffs in place between the two countries, President Donald Trump said Wednesday on social media.
U.S. tariffs on China aren’t going up, at least in the short term, Commerce Secretary Howard Lutnick said Wednesday, shortly after striking a renewed, tentative trade truce with the Chinese government.
Marketplace has been following Lei’s business since 2018, just before President Trump imposed tariffs in his first term. Not only did his business survive the extra levies, but Lei said the percentage of his sales to the U.S. went up from 50% in 2018 to 70% at the start of this year.
Billions of dollars of Chinese goods have been impacted by additional U.S. tariffs since 2018, initially under the first Donald Trump presidency and later under the Biden administration. Returning to the White House this year,
Boeing (NYSE:BA) has restarted its aircraft deliveries to China, handing a new 787-9 Dreamliner to Chinese carrier Juneyao Airlines on Saturday, Reuters reported, citing Shanghai-based business news outlet Yicai.