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The United States and China agreed to drop tariffs to 30% and 10%, respectively, for the next 90 days. The U.S.-China trade war has gone through multiple rounds of tariffs and retaliatory measures.
But he also stressed that a top Trump administration priority means closing the U.S. trade deficit with China, which came to a record $263 billion last year. The talks, which could help stabilize ...
The Chengdu J-10C jet is a key component of China's air power strategy. The jet is easily manoeuvrable in dogfights. The J-10C is being used in the ongoing India-Pakistan conflict. China's Chengdu ...
So the idea is de-escalate, but let’s get China trade right, and let’s get trade deals with the rest of the world,” he continued. “Let’s cut our trade deficit down. Let’s grow our GDP.” ...
Ahead of trade negotiations with China this weekend in Switzerland, President Trump on Friday suggested that U.S. levies on Chinese goods, which currently stand at up to 245%, could be lowered to 80%.
China is racing forward in its effort to pave the way in fusion energy science, and state-sponsored media reported earlier this week that one of the country’s next-gen reactors is now under ...
President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to deescalate the trade war.Top U.S. officials are set to meet with a high-level ...
China made a deal to buy Russian oil and gas after Europe cut supplies during the Ukraine war. As China takes a major hit from Trump's tariffs, Beijing's ties with the Kremlin increasingly ...
April exports growth slows, but still faster than expected Helped by demand from markets rushing to beat Trump tariff pause China, US to hold tariff talks in Switzerland on Saturday BEIJING ...
President Donald Trump’s effective trade embargo on China has not dented exports from the world’s largest manufacturer, which offset plummeting shipments to the United States with a surge in ...