Trump, China and tariffs
Digest more
President Trump says a China trade deal is taking shape ahead of next week's talks in Sweden. Asia Society Policy Institute vice president Wendy Cutler and Yahoo Finance Washington Correspondent Ben Werschkul discuss what the US may be pushing for and how upcoming tariff deadlines could shift.
1h
GOBankingRates on MSNI Asked ChatGTP What Trump’s China Deal Means for the Middle Class — Here’s What It SaidGOBankingRates.com I Asked ChatGTP What Trump’s China Deal Means for the Middle Class — Here’s What It Said Lock in rates for mortgage and loans sooner rather than later as uncertainty may affect financial markets.
WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China.
Donald Trump's trade deals give Asian exporters tariff clarity. However, details on avoiding tariffs targeting China's supply chains are awaited. The US may impose tariffs on goods trans-shipped through Southeast Asia.
A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.
T rump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.
Aaron Forkash, a scrap metal dealer based in California, plans to continue exporting copper to Asia even after US President Donald Trump's new 50 per cent tariff on the metal comes into force on August 1.
The president imposed tariffs on Japan, one of America’s closest allies, that would have been alarming just months ago. And markets went up.
China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts to shore up domestic demand as Donald Trump’s tariffs reduce exports to the US.