Trump, tariffs and Petroleum industry in Russia
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President Donald Trump's recent flurry of trade deals have given Asian exporters some clarity on tariffs, but missing are key details on how to avoid punitive rates that target China's supply chains.
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.
The White House puts a priority on doing business with Beijing as it prepares for bilateral talks next week.
A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.
U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade deal, U.S. Treasury Secretary Scott Bessent said on Tuesday as President Donald Trump announced a deal with the Philippines and released terms of a previous deal with Indonesia.
Pakistani Foreign Minister Ishaq Dar claimed that his country is “very close” to locking down a tariff deal with the US ahead of President Trump’s fast-approaching Aug. 1
Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.
The U.S. will likely extend its Aug. 12 tariffs deadline for a final trade deal with China as the two sides continue to negotiate, Treasury Secretary Scott Bessent said in a TV interview Tuesday.
Mr. Trump has moved much faster on China tariffs during his second term than he did in his first. In 2018 and 2019, he imposed tariffs of up to 25 percent, in stages, on imports worth about $300 ...
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Treasury Secretary Bessent details Trump administration's plan to tackle China's economic imbalances
China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.