In a surprising move, President Trump hints at lowering tariffs on China, potentially easing trade tensions and impacting American consumers. The current tariffs, as high as 145%, have strained relations between the world's two largest economies.
In a recent news conference, Donald Trump announced that tariffs on Chinese goods will decrease substantially, amid ongoing tensions between the US and China. With the S&P 500 rising, what does this mean for the future of trade and the US economy?
US Commerce Secretary Howard Lutnick hints at a potential tariff reduction deal with Canada and Mexico amid rising tensions. As retaliatory measures escalate, will a resolution be reached? Trudeau vows to protect Canada's economy against Trump’s tariffs!