China, Trump and tariff
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Crypto markets stay flat as Trump slams China but holds off on 145% tariffs. A potential Trump-Xi call may signal diplomatic next steps.
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President Donald Trump’s pauses and reversal on tariffs are sending markets on a roller-coaster ride. Consumers and companies would like to have the benefit of knowing where they stand in
Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court.
U.S. trade talks with China are "a bit stalled" and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said on Thursday.
17hon MSN
The flurry of punitive measures taken against China by the Trump administration over the last few days was prompted by a belief among US officials that China has failed to live up to commitments it made in trade talks earlier this month,
The administration had made immediate appeals to allow the U.S. to keep imposing stiff levies, and said the Supreme Court needed to intervene.