Trump's China Tariff Moves and Trade Negotiation Challenges
U.S. President Trump is considering reducing China's tariffs by an additional 10%, signaling a potential easing of trade tensions between the two countries.
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Economic Negotiations
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Treasury Secretary Scott Bessent Defends Market Stability Amid Criticism
Treasury Secretary Scott Bessent discusses recent negotiations with China, potential tariff adjustments, US agricultural aid, TikTok deal, and the impact of the US government shutdown on economic and diplomatic efforts, emphasizing progress in trade talks and the ongoing challenges.
Trump escalates trade tensions with China amid market turmoil
President Trump has taken a tough stance with China regarding trade issues but remains hopeful for a potential truce in the ongoing trade war, indicating a complex approach to economic negotiations.
Lutnick Confirms No Extensions for August 1 Tariffs Amid Trade Negotiations
Commerce Secretary Howard Lutnick announced that the US will implement tariffs on August 1 with no extensions or grace periods, though negotiations may continue post-deadline. President Trump has also announced a trade deal with the EU, setting tariffs at 15% and securing significant energy and investment commitments, avoiding a full-scale trade war.