China, Trump and tariffs
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Doomsday has been undone, for now. Forty days after President Donald Trump announced his reckless reciprocal tariffs in the White House Rose Garden, leading to a full-blown U.S.-China trade war with triple-digit levies,
President Donald Trump highlights his administration's trade agreement with China and more recent accomplishments during a 'Hannity' exclusive interview.
Chinese leader Xi Jinping reinforced his message on U.S. trade policy Tuesday at a Beijing gathering of leaders and foreign ministers from Latin American and Caribbean countries, amid China’s efforts to rally international opinion against President Trump’s global tariffs.
Diplomats with the European Union are still waiting for in-depth negotiations to begin. And it's unclear how quickly a substantive agreement with China could be reached.
Beginning Wednesday, shipments arriving in the United States from China and Hong Kong worth less than $800 could face 54 percent tariffs.
The Trump administration says it intends to develop a 'mechanism' that will 'rebalance' the U.S. trade relationship with China — a task that has eluded presidents for decades.
Wall Street's three major indexes rose sharply on Monday with the S&P 500 marking its highest level since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for the easing of a global trade war,
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.