Trump, Tariffs and Boost Costs
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China, Trump
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United Parcel Service reported a decline in second-quarter profit and revenue on Tuesday, as demand took a hit from new "de minimis" tariffs on low-value Chinese shipments and mounting risks from President Donald Trump's trade policies.
The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold.”
TACO or tariffs? An August 1 deadline looms after the European Union became the latest of the top US trading partners to reach a deal with Trump.
President Donald Trump said he was "not seeking anything" but added that he might visit China "at the invitation of President Xi."
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The trade agreement reached between the U.S. and European Union reaffirms an emerging pattern: higher tariffs, purchase commitments, investment agreements—and a lot of confusion.
Top trade officials from China and the United States have launched a new round of talks aimed at easing tensions over tariffs. U.S.
Top U.S. and Chinese economic officials met in Stockholm for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world's top two economies,
But the outlook for many top U.S. trading partners has yet to come into clear focus. Trump has threatened, for example, to raise tariffs on Canada to 35% from the current 25% if the two countries don’t strike a deal by Friday. And a 90-day truce between the U.S. and China expires in mid-August, at which point Trump’s tariffs on China could soar.