Despite Trump’s ‘Deals,’ Trade War Is Still On
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BRUSSELS (Reuters) -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.
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
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.
Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.
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,
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.
Investors are hopeful that U.S.-China trade talks this weekend will cool a trade war between the world's two largest economies and dispel some of the uncertainty clouding financial markets, though few expect a major breakthrough just yet.