China, tariff
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As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online shopping from Shein or Temu.
This year's U.S. tariff hikes of 145% left lasting economic damage and even after the Geneva talks remain high enough to continue to hurt the job market and slow Chinese growth.
Next is the China factor. Third countries have two superpowers to keep happy. On May 14th Chinese officials attacked Britain’s deal with America, alleging that it indirectly targets China. Under the terms of the agreement,
Starting June 1, citizens of Brazil, Argentina, Chile, Peru and Uruguay will be allowed to enter China for up to 30 days without a visa, China's Foreign Ministry announced Thursday.
Oil prices edged up on Friday following a sharp drop in the previous session, heading for a weekly gain of more than 1% as U.S.-China trade optimism outweighed the prospects of Iranian supply returning to the market.
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Many Western countries are winding down their efforts to broadcast to the world. In March President Donald Trump pulled funding for Voice of America and its sister networks, and dismantled USAID, which funded thousands of journalists around the world. Public broadcasters’ budgets have been trimmed everywhere from Australia to Canada and France.
Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs
The United Arab Emirates is expected to secure a deal giving it expanded access to advanced artificial intelligence chips from the United States, after previously facing restrictions over Washington's concerns that China could get its hands on the technology.
Beginning Wednesday, shipments arriving in the United States from China and Hong Kong worth less than $800 could face 54 percent tariffs.