China Cuts Tariffs on $75 Billion of US Imports
China cut tariffs on $75 billion of U.S. imports including soybeans, pork and auto parts Thursday in a trade truce with Washington while Beijing struggles with a costly virus outbreak.
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US Trade Deficit Drops 1.7% Last Year to $616.8 Billion
The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes.
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Trump Says Tariffs on European Cars Are Coming If Trade Deal Falls Through
President Donald Trump told reporters on the sidelines of the World Economic Forum in Switzerland that if an expected trade deal with the European Union falls through, he would press ahead with tariffs on European cars.
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US threatens tariffs on Europeans unless Iran nuke deal scrapped
Iran accused European governments Thursday of sacrificing a troubled 2015 nuclear deal to avoid trade reprisals from US President Donald Trump, who has spent nearly two years trying to scupper the agreement.
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Doubts linger after U.S. and China sign initial trade deal
China will boost spending on U.S. products in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies on Wednesday, defusing an 18-month row but leaving numerous thorny issues unresolved.
The post Doubts linger after U.S. and China sign initial trade deal appeared first on Worthy Christian News.
Doubts linger after U.S. and China sign initial trade deal
China will boost spending on U.S. products in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies on Wednesday, defusing an 18-month row but leaving numerous thorny issues unresolved.
The post Doubts linger after U.S. and China sign initial trade deal appeared first on Worthy Christian News.
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