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Trump tariffs live updates: World adapts to China truce, US tariff revenue, inflation in check

US President Donald Trump has signed an executive order extending the trade truce with China for another three months, averting a potential escalation in tariffs and export controls that had unsettled global markets. The extension moves the truce deadline to November 10, allowing Washington and Beijing additional time to resolve ongoing trade disputes and potentially arrange a high-level summit between Trump and Chinese President Xi Jinping late…

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Wholesale inflation in the U.S. unexpectedly increased last month, indicating that President Donald Trump's extensive import taxes are raising costs.

So did they negotiate well or badly? Billions in calculations of the negative impacts of US tariffs are flying in all directions, and they always forget to emphasize the direct impact on prices, i.e. inflation, and reduced economic growth. The EU is an important trading partner of the US, so analysts and commentators can learn lessons about...

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The Leaders Globe Media broke the news in on Thursday, August 14, 2025.
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