China, Donald Trump
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President Trump's administration scaled back high tariffs on China after advisors, including Susie Wiles and Scott Bessent, cautioned that the economic burden disproportionately affected his core supporters.
President Donald Trump said countries were clamoring to negotiate trade deals. The Republican president finally landed one of those deals on May 8 when he announced a trade agreement with the ...
The U.S. and China agreed to lower tariffs for 90 days. The details: U.S. tariffs on Chinese goods will fall to 30 percent from 145 percent. Meanwhile, China’s blanket tariffs on U.S. products will drop to 10 percent from 125 percent. A few tariffs will remain. President Donald Trump signed an order to lower prescription drug prices.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
President Donald Trump is expected on Monday to embark on an official visit to the Middle East, a major international trip during which he and his diplomats will continue pushing for peace between Russia and Ukraine and in the Gaza Strip.
China and US have also agreed to take "aggressive" measures to curb the flow of fentanyl, which could then result in the elimination of the extra 20% levy.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Soars 1,000 Points, "Mag 7" Surge On China Trade Deal; Bitcoin Stocks Shine (Live Coverage)The Dow Jones surged on the stock market today. Treasury Secretary Bessent spoke out on China amid tariff progress. Alibaba cleared an entry.
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Due on MSNChina’s exports to US drop due to tariff escalationDue to aggressive U.S. tariffs that forced Chinese companies to reroute shipments to other international markets, China reported a sharp drop in exports to the United States in April. The change was made right before U.