US EditionTrump Introduces 90-Day Tariff Pause for Most Countries
- US President Donald Trump announced a 125% tariff on all Chinese goods due to China's lack of respect for world markets.
- In response to US tariffs, China raised its own tariff on US goods from 34% to 84%.
- The European Union approved retaliatory tariffs on $23 billion of US goods, reacting to Trump's tariffs on steel and aluminum.
- Trump authorized a 90-day pause on tariffs for most nations, reducing reciprocal tariffs to 10% after over 75 countries reached out to negotiate.
654 Articles
654 Articles
Karoline Leavitt Says Admin Already Finalizing First Of Likely Many Tariff Deals
White House Press Secretary Karoline Leavitt said on Fox News Friday that the tide has turned in favor of President Donald Trump’s economic and trade strategy, citing a flurry of international interest in new bilateral deals. “Hannity” host Sean Hannity referred to the more than 75 countries that “all want to come to the table […] Karoline Leavitt Says Admin Already Finalizing First Of Likely Many Tariff Deals
Mullaney quoted in Politico on the Trump administration's ability to reach trade deals within the 90-day pause
The post Mullaney quoted in Politico on the Trump administration’s ability to reach trade deals within the 90-day pause appeared first on Atlantic Council.
ashepostandtimes.com
Trump's tariff pause gives market relief, but China trade war intensifies
US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China.
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