Trump confirms China deal
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BEIJING (Reuters) -Billions of dollars of Chinese goods have been impacted by additional U.S. tariffs since 2018, initially under the first Donald Trump presidency and later under the Biden administration. Returning to the White House this year, Trump has imposed even more duties on China.
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple's efforts to bypass high U.
China tariffs shouldn’t noticeably affect this year’s July Fourth fireworks but may have already tempered 2026’s semiquincentennial displays.
The US and China wrapped up two days of high-stakes trade talks in London. The result: a plan to establish a framework for implementing a consensus the two sides had already agreed to last month. US Commerce Secretary Howard Lutnick said the Chinese had pledged to speed up shipments of rare-earth metals critical to US auto and defense firms,
U.S. Commerce Secretary Howard Lutnick said on Wednesday that the 55% tariffs imposed by the United States on China will not change after a trade deal was struck between the two countries.
Asian shares were trading mixed early Thursday after Wall Street’s rally stalled as investors appeared not to react much to the results of the latest round of China-U.S. trade talks. U.S. futures slipped while oil prices rose.