China, Trump and his tariff
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It's hard to keep track of when tariffs start; some are already here, and President Donald Trump has floated more.
U.S. Commerce Secretary Howard Lutnick said Sunday that the administration of President Donald Trump would keep the 10% baseline tariffs on global imports for the "foreseeable future."
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
Neither China nor the Trump administration provided further information on the terms of the agreement, but said more details would come Monday.
1don MSN
The S&P 500 index closed up 3.26% yesterday and it nearly erased its losses for the year. It is still down 0.64% year to date, however. This morning, S&P futures contracts ticked lower, indicating that investors broadly expect others to sell when the market opens in America.
The threat by the U.S. of imposing elevated tariff on imports from Sri Lanka into the U.S. has thrown uncertainty into CEAT Ltd.'s plans to expand its presence in the U.S.
The future of the global economy ... Trump said he would lower tariffs on China “at some point.” China has largely stood firm against Trump, denying his refrains that the countries were in active negotiations — a denial that Bessent concurred with ...
Both countries have agreed to reduce reciprocal tariffs by 115% for an initial 90-day period as talks continue.
The U.S. treasury secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy.
Thailand has submitted a range of proposals to the US on how it plans to boost imports and promote investments, the latest bid by the Southeast Asian nation to nudge the Trump administration to begin formal talks over a planned 36% tariff on exports.