China, Trade Deal and White House
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After second day of talks with the U.S., Chinese Vice Premier He Lifeng said trade talks with the U.S. “achieved substantial progress and reached important consensus.”
It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
White House press secretary Karoline Leavitt will brief reporters Friday afternoon, a day after President Trump announced the first major trade deal following last month’s sweeping tariff
On President Donald Trump’s 101st day in office, he warned that children may have to shrink their toy chests as tariffs raise the price of dolls from China.
Reuters on MSN14h
Trade deal: de minimis tariffs slashed, Boeing ban liftedThe United States will cut the low value "de minimis" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies,
A deal with China is a relief to investors who worried tariffs as high as 145% would severely limit trade, raise prices and hurt the U.S. economy.