US, China temporarily slash tariffs
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6hon MSN
Trump has just signed an order that could hike drug prices around the world and he will soon announce pharmaceutical tariffs. What does all this mean for the price of medication here?
The US and China have agreed to slash tariffs for 90 days following talks aimed at ending a trade war that has raised fears for the global economy.
Australia's CSL Ltd said it's evaluating whether its drugs used in surgery would be exempted from 125% tariffs China imposed on U.S.-made goods, as it seeks to minimise impact of a trade war between Beijing and Washington.
Traders now expect ‘just’ three rate cuts in Australia after the US-China trade deal, but investors are still worried about the health of the global economy.
Recently, Victorian Premier Jacinta Allan announced that she will lead a trade mission to China this September to hold in-depth talks on education, trade and culture. Allan emphasized, "In an era of tariffs and global economic uncertainty,
A measure of Australian consumer sentiment partially rebounded in May as the initial shock of U.S. President Donald Trump's tariff war faded a little, an improvement that should be underpinned by the latest truce with China.
Australia’s trade tsar says Labor has done “everything” it can to secure an exemption from blanket US tariffs and it is now up to the Trump administration to “accept”.
The STI jumped nearly 1.9% when the market opened before paring two-thirds of its gains. Read more at straitstimes.com. Read more at straitstimes.com.
US stock markets surged on news of the surprise US-China tariff deal. Here’s what’s happening on the S&P/ASX 200 Index (ASX: XJO).
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