Trump's tariff conflict is going to make China great again
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Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in Switzerland over the weekend.
U.S. negotiators say 'substantial progress' was made after two days of tariff talks with a high-ranking Chinese delegation in Geneva. But China is more cautious in its assessment.
Both sides are hailing the temporary reprieve, which will cut U.S. duties on Chinese goods to 30 percent, but analysts say underlying issues remain.
President Donald Trump's plan for tariffs on imports has guided the stock market's direction over the past few weeks. The initial plan, with double-digit tariffs for countries around the world, shook the market,
The lead U.S. negotiator in trade talks with China cheered “a great deal of productivity” in resolving differences between the world’s two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President
Beijing says it will meet with American officials to discuss trade, but warned Washington against using the engagement to ratchet up pressure on China.
The United States and China said Monday that they have reached an agreement to cut most of their tariffs for 90 days to allow more time for continued economic and trade discussions.
The first round of the Trump tariffs, which still mimicked traditional trade wars, involved mainly Canada, Mexico and China. The second round began with "reciprocal tariffs," which rely on flawed methodologies and mistaken calculations, covering most trading economies worldwide. Then came the huge U. S. retaliatory tariffs, which China countered.
Financial markets gave their initial reaction to tariff talks between the U.S. and China over the weekend. While neither side announced anything about tariffs, the White House hinted at a deal to help address America's global trade deficit,