India, China and Trump
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Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.
Treasury Secretary Scott Bessent told Fox News on Tuesday that the United States has had very good talks with China regarding tariffs as the countries attempt to reach a trade deal during a 90-day pause in tariff implementation.
New bipartisan legislation aims to get “skin in the game” on trade and tariffs. The post Lawmakers take on China with new tariff bill appeared first on FreightWaves.
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Australian companies in US–China tariffs limbo accuse Austrade of abandoning small business
Australian fashion brands that are stocked in the US are wearing the burden of the higher tariffs on Chinese made goods. And as uncertainty continues, some brands are walking away from the lucrative market.
U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.
President Trump's on-again, off-again tariffs have created roller-coaster volatility for markets, but experts believe these ETFs could fare better.
Sitao Xu, chief economist at Deloitte China, says he expects the US tariff rate to settle around 35% for China, which Beijing could be fine with. He also talks about internal pressures on China's economy,
By Yuka Obayashi TOKYO (Reuters) -Japanese steel lobby groups said on Monday they have requested the early introduction of measures to prevent the evasion of anti-dumping tariffs aimed at protecting domestic industries from unfair imports.