China, Trump and Philippines
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1hon MSN
China Tariff Deal ‘Likely’ Will Be Extended, Bessent Says—But Others Will Still Take Effect Aug. 1
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,
The US ambassador to NATO said China needed to be “called out for their subsidizing” of Russia’s war in Ukraine as the Trump administration ratchets up its threat to impose tariffs if Moscow does not agree to a peace deal.
19hon MSN
A complete timeline of President Trump's 2024 tariff implementation strategy across the globe
April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
In an exclusive interview with Newsweek, the former Commerce Secretary discusses trade, China and tariffs under Trump 2.0.
More on markets, etc. Tariff And Powell Risk Drive Elevated Cross-Asset VRPs CQQQ: Waiting For China's Tech Revival Follow The Consumer, They Lead The Way Asia markets stay cautious on tariffs; Japan
Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.
President Donald Trump’s effort to target China through its trading partners across global supply chains threatens to erode the country’s growth and most of its exports to the US, according to Bloomberg Economics.
Helen of Troy's market value plummets as U.S. tariffs against China continue to hurt El Paso consumer products company's operations.