Trump to hold 'tense' trade talks with China
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China, Stockholm
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Top officials from President Donald Trump’s administration are set to meet in Sweden with their Chinese counterparts for economic talks.
The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,
Trump is targeting China's transshipments through Southeast Asia. But can tariffs and trade agreements really curb China's regional exports?
The GBP/USD pair posts modest gains near 1.3440 during the Asian trading hours on Monday. The latest optimism fueled by a trade deal between the United States and the European Union triggers a fresh wave of the global risk-on sentiment, which boosts the Pound Sterling.
Investors will not be able to look away over the coming week as every single day could produce significant market-moving news.
Shein shoppers in the U.S. are facing steep price hikes after a key tariff exemption ended. The policy shift, part of Trump’s broader trade crackdo
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
"The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold."