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Trump to back down in trade war with China as tariffs hammer US
Mr Trump’s decision to consider backing down in his trade war comes as the harm it has caused America’s economy becomes clearer. Trade shipments between China and the US are collapsing and a critical survey of American businesses shows growth in activity slumped to a 16-month low.
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not ...
Boeing’s problems the last six years have been legion. Tariffs could be yet another gut punch for the beleaguered company – ...
The U.S.’s international trade court declined late Tuesday to immediately block President Donald Trump’s sweeping tariffs—at ...
Treasury Secretary Scott Bessent said Wednesday that President Trump will not reduce tariffs on China without an agreement by ...
On Tesla’s (TSLA) first quarter earnings call last night, CEO Elon Musk reiterated one clear distinction between him and ...
Secretary of State Marco Rubio and White House envoy Steve Witkoff will not attend high-level meetings in London aimed at ...
From higher costs to export worries, California’s agricultural and wine industries face many possible tariff effects. But ...
Levies could be cut by more than half in some cases although President Trump hasn’t yet made a final decision.
Key Takeaways The White House says it is close to trade deals with several countries. These deals will likely result in lower ...
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