US EditionThe Back-and-Forth of Trade Negotiations Between the US and China
29 Articles
29 Articles
Winnipeg Free Press
The back-and-forth of trade negotiations between the US and China
Breaking News, Sports, Manitoba, Canada
The United States and China agreed to suspend tariff increases on products for 90 additional days, a White House official told CNN. Without the agreement, tariffs would rise immediately, risking a return to levels too...
The US President has postponed new tariffs on Chinese products by decree. On Tuesday, mutual tariffs of more than 100 percent would have become due.
US President Donald Trump extended the tariff truce with China for 90 days this Monday, a few hours after the deadline expired and taxes of up to 145% on Chinese imports and 125% on US imports were reactivated. The measure avoids, for now, a surge that would have meant a virtual trade embargo between the two largest economies in the world. The announcement came on a day marked by uncertainty in the markets. The extension was the expected outcome…
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