In a surprising twist, President Trump's tariff strategy has led to a significant de-escalation in US-China trade tensions. With new negotiations underway, experts are cautiously optimistic about reducing trade deficits and avoiding economic disaster.
After marathon trade negotiations in Geneva, US and China officials report substantial progress towards a potential trade deal, sparking optimism in global markets. What details will emerge from Monday's press conference?
In a surprising turn of events, the US and China have reached a significant trade deal after two days of intense negotiations in Geneva. Treasury Secretary Scott Bessent announced 'substantial progress' and hinted at a possible resolution to the ongoing trade war. This agreement comes as both nations aim to stabilize their economic relationship and address the massive trade deficit.
President Trump admits tariffs could raise prices on children's toys but insists Americans will prefer better quality, domestic products. As the economy contracts, concerns grow over the impact of trade wars.
President Trump expresses confidence in finalizing a trade deal with Europe before the 90-day tariff pause ends, emphasizing fairness and unity with Italian Prime Minister Meloni. Could this be the breakthrough we’ve been waiting for?
The Trump administration is gearing up for significant trade negotiations with multiple countries, seeking lower tariffs and increased U.S. exports. Confusion remains about the administration's objectives, as officials attempt to clarify demands amidst global economic tensions.
President Trump's trade war is shaking global markets and raising recession fears as tariffs on imports go into effect. Economists warn that his approach may harm the very economy he aims to protect.
House Speaker Mike Johnson firmly opposes a bipartisan Senate bill aimed at limiting President Trump's tariff authority, despite growing concerns over the impact of tariffs on the economy.
President Trump declares he won't lift tariffs until trade deficits with China and others are resolved, signaling a long-term trade war that has rattled global markets. His aides insist the strategy will improve the economy despite backlash.
A shocking analysis reveals that President Trump's tariff formula is based on flawed assumptions, leading to inflated rates that perplex economists. Discover how adjustments could drastically change the tariff landscape.