Despite Trump’s ‘Deals,’ Trade War Is Still On
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President Trump has cited the U.S. fentanyl crisis as one of the reasons for tariff threats against the nation’s biggest trading partners, Mexico, Canada and China. The crisis is far from over. But th
The EU is weighing a temporary return to its pre-war trade agreement with Ukraine if a renegotiated deal is not ready to take effect when war-related tariff suspensions expire on June 5, EU diplomats said on Wednesday.
While many business owners have expressed relief at the reprieve—which as of now lasts for 90 days—a 30 percent hike in cost of goods is lot to swallow, leading some business owners to look for ways to mitigate their tariff burdens.
Pandora, the Danish jewelry company, said it was “battle ready,” with plans to raise prices and reroute shipments from the United States, but tariffs could potentially cost it millions of dollars.
This is a bigger-than-expected U-turn. Many market watchers were surprised by how much the U.S. and China agreed to cut tariffs. 2\. But the trade war is far from over. The truce lasts 90 days. However,
Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.
Chinese Vice Premier He Lifeng met for about eight hours with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in their first face-to-face meeting.