Maine retail association welcomes US-China trade deal

Maine retail association welcomes US-China trade deal

The Retail Assocation of Maine welcomes the deal but pointed to struggles with tariff "whiplash."

Will new US-China temporary tariff deal make a difference for your bottom line?

Previously, President Donald Trump put a 145% tariff hike on Chinese goods. China retaliated with a 125% tariff on U.S. goods.

China, US cut crippling tariffs: What the deal really means

China and the United States have agreed to significant cuts in the tariffs they imposed on each other in recent months after talks over the weekend in Switzerland.

Trump Secures ‘Historic Trade Win’ as US, China Reach Tariff Deal

After two days of talks in Geneva, Switzerland, the United States and China have agreed to significantly roll back tariffs on each other’s imports. Washington will reduce the additional tariffs it imposed on Chinese goods this year from 145 per cent to 30 per cent, while China will cut its tariffs to 10 per cent from 125 per cent. The agreement also means that US President Donald Trump has agreed to scale back his so-called ‘Liberation Day’ tari…

Understanding The US-China Trade Deal: What The Agreement Means For Tariffs, Future Talks

The Trump administration today unveiled details of a new trade agreement with China, characterized by the White House as a “historic win” for the United States. The deal, finalized Sunday in Geneva, Switzerland, involves specific changes to tariffs and sets a framework for ongoing economic dialogue between the world’s two largest economies. The agreement aims […] Understanding The US-China Trade Deal: What The Agreement Means For Tariffs, Future…

US-China tariff deal: What does it mean?

The agreement marks a major de-escalation of the trade war between the world's two biggest economies.