Trump, Tariffs
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China, Trump and trade talks
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6don MSN
President Donald Trump says he's reached a trade agreement with Philippine leader Ferdinand Marcos Jr. following a meeting at the White House.
Officials say some Chinese companies have skirted the tariffs that Trump imposed in 2018 by shipping goods to American customers via third countries.
President Trump’s tariff rollout has taken numerous twists and turns since launching earlier this year. The stakes are climbing ahead of Aug. 1, Trump’s self-imposed deadline for reaching trade deals.
Analysts say the two days of meetings led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are likely to lead to an extension of current tariff levels that are far lower than earlier this year at the peak of the trade standoff.
13hon MSN
Tariffs appear to be settling only slightly less than what President Donald Trump had threatened in April, but the difference has been enough to ease some of Wall Street's worst recession fears. Economists cite a strong global growth backdrop,