China, Trump
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China’s defiant stance in negotiating a tariff truce with the US has convinced some countries they need to take a tougher position in their own trade talks with the Trump administration.
Analysts say Trump is looking to tighten tech restrictions, and this time Beijing has a better ‘toolkit’ to counter ‘long-arm jurisdiction’.
China's factory output slowed in April but showed surprising resilience, a sign that government support measures may have cushioned the impact of a trade war with the U.S. that threatens to derail momentum in the world's second-largest economy.
Goods imported into China from the US faced tariffs of more than 100% before the two countries agreed to lower the levies for 90 days.
1don MSN
The steep drop in tariff rates on Chinese goods shipped to the United States might have consumers thinking there’s significant relief in sight — at least compared to before. But in practice it might not feel that way.
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The cost of fireworks could rise significantly following President Donald Trump’s “Liberation Day” tariffs. Trump’s April 2 announcement imposed a baseline 10 percent tariff on imports and
China's industrial output expanded faster than expected in April, highlighting the resilience of the world's second-largest economy and feeding optimism about growth following a quick de-escalation of trade tensions with the US.
Walmart CEO Douglas McMillon said that the retail giant is being forced to raise its prices as a direct result of the president's trade war.