Trump Suggests Openness to Slashing China Tariffs Ahead of Trade Talks
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
Posted inBessent, Scott Boeing Company British Airways PLC China Customs (Tariff) Geneva (Switzerland) Great Britain internal-storyline-no International Trade and World Market Lutnick, Howard W Protectionism (Trade) Trump, Donald J
What Can Treasury Secretary Scott Bessent Win in China Talks?
President Trump hailed an agreement with Britain as a breakthrough — but far tougher negotiations, including with China, beckon.
Posted inAcupuncture Alternative and Complementary Medicine China Customs (Tariff) Herbs International Trade and World Market New York City Prices (Fares, Fees and Rates) Shopping and Retail Small Business United States Economy
‘How Do I Survive?’: Tariffs Threaten U.S. Market for Traditional Chinese Medicine
Dispensary owners say a protracted trade war would harm a niche but popular sector in which imported herbs are prescribed to treat colds, pain and other ailments.
Posted inChina Customs (Tariff) Economic Conditions and Trends Factories and Manufacturing Far East, South and Southeast Asia and Pacific Areas International Trade and World Market Trump, Donald J United States
Trade War Shock Is Scrambling China’s Exports
Shipments of goods out of China slumped in April, including a big decline in exports to the United States, as President Trump imposed sky-high tariffs.