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Trump officials say trade deal reached with China but details remain unclear
The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.
The weekend deal adds to the sense that President Donald Trump may be backing off some of the more stringent trade tariffs.
President Donald Trump is expected to spend the majority of his 17th week back in the office traveling overseas to the Middle ...
A deal with China is seen as a relief for investors who worried tariffs as high as 145% would severely limit trade, raise ...
Global markets are rallying on optimism over Washington and Beijing reaching a major, if temporary, détente in their tariff ...
There’s more to Monday’s soaring stocks than the pause in crushing China tariffs.
Drought warnings have been issued and some provinces including Guangxi even resorted to firing rockets at clouds to increase ...
The implication is that the baseline 10% tariff will likely stay in place globally but there can be industry-specific ...
Semiconductors, and Nvidia in particular, find themselves at the heart of the tension between the world’s two biggest ...
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