US EditionTrump Reveals Tentative Trade Truce with China
- Treasury Secretary Scott Bessent did not provide complete details to Congress, raising concerns among companies about increasing costs due to new tariffs.
- Trump stated there will be a 55% tariff on Chinese imports, while China will impose a 10% tariff on American imports, leading to warnings of potential job losses and price hikes for consumers.
- Despite the announcement of a trade truce, both countries still maintain high tariff rates and significant trade barriers, leaving the economic relationship between the U.S. and China tense and uncertain.
42 Articles
42 Articles
Analysis by David Goldman Finally, the United States has reached a trade deal with China. Once again. After a tense war of words that resulted in retaliatory restrictions on key exports, U.S. and Chinese officials met this week in the United Kingdom with a single objective: to find a way to agree on what was agreed upon a month earlier in Geneva. It appears that the two countries' top trade negotiators have succeeded. On Tuesday night, both Chin…
Analysis by David Goldman Finally, the United States has reached a trade deal with China. Once again. After a tense war of words that resulted in retaliatory restrictions on key exports, U.S. and Chinese officials met this week in the United Kingdom with a single objective: to find a way to agree on what was agreed upon a month earlier in Geneva. It appears that the two countries' top trade negotiators have succeeded. On Tuesday night, both Chin…
Coverage Details
Bias Distribution
- 43% of the sources lean Right
To view factuality data please Upgrade to Premium
