Trump Administration Holds Trade Talks With China as Fight Over Rare Earths Escalates
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
It Is Happening Every Day, Every Where
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
The Treasury secretary and trade representative plan to meet with Chinese officials this weekend to discuss trade and economic matters.
Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, will discuss trade and economic matters with the officials this week.
After weeks of bragging about upcoming trade “deals” with foreign countries, President Trump says the United States doesn’t need to worry about them after all.
The Treasury secretary said that trade deals with other U.S. trading partners could be announced as soon as this week.
The text of the agreement, made public by Ukraine’s government, made no mention of the security guarantees that Kyiv had long sought.
A textile trade association that has backed President Trump’s trade strategy took issue with Treasury Secretary Scott Bessent’s remark that emphasized “precision manufacturing” over clothing and fabrics.
The White House press secretary, Karoline Leavitt, attacked the retail giant over a report that suggested Amazon would highlight tariff-related price increases. Amazon said it was “not going to happen.”