China, Trade Agreement
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"Today’s announcement is a positive step that will allow some trade between the two countries to resume," said U.S.-China Business Council President Sean Stein
When President Trump ended a tariff exemption for small packages from China and Hong Kong, e-commerce companies Shein and Temu lost a big advantage as they became exposed to Trump’s new sky-hig
Progress on US-China trade over the weekend sent stocks soaring on Monday. Some top commentators say tariffs are still a big risk.
The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.
The President and CEO of the US Meat Export Federation says the U.S. trade agreement in principle with China is good news for beef and pork exports. Dan Halstrom says the deal significantly drops tariff rates for muscle cuts and variety meats.
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SharkNinja Chief Executive Mark Barrocas obsessively checked his Apple News feed throughout the night Sunday. When the U.S.-China trade agreement was announced early Monday morning, he instructed factories in China to release hundreds of containers of goods bound for the U.
Confronting the very real risk of throwing their countries into costly recessions, the United States and China agreed over the weekend to a 90-day cease-fire in their trade war.
President Donald Trump is waging a trade war without getting approval from Congress: He declared a national emergency to slap import taxes — tariffs — on almost every country on earth