US-China tariff talks to continue Sun., an official tells AP
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US and China reach a deal to slash sky-high tariffs for now
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Next is the China factor. Third countries have two superpowers to keep happy. On May 14th Chinese officials attacked Britain’s deal with America, alleging that it indirectly targets China. Under the terms of the agreement,
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MiBolsilloColombia on MSNHow much did the US and China reduce tariffs after their meeting in Switzerland?In a surprising turn of events, the United States and China have agreed to significantly reduce tariffs following a pivotal meeting in Geneva. This agreement, announced on a Monday, has exceeded Wall Street's expectations and initiated a 90-day 'cooling-off' period for further negotiations.
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an "important step" that could lead to "deepening cooperation" between the world's two largest economies.
Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.
U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.
Baidu Inc. is planning to test and eventually launch autonomous ride-hailing service Apollo Go in Europe and Turkey, joining a growing number of Chinese self-driving technology companies in embarking on a global expansion.
The easing of trade tensions between the United States and China is a step in the right direction and helps reduce European fears of being flooded with Chinese goods redirected from the U.S. market, European Economic Commissioner Valdis Dombrovskis said.