The United States is pressing forward on various trade fronts, with ongoing efforts to close its deal with the European Union (EU), continued monitoring of its agreement with China and persistent negotiations with India. The US trade representative spoke about the progress in US trade deals with other countries in an interview with CNBC. EU…
After several rounds of imposing tariffs on China, US President Donald Trump now appears to be inching towards a trade deal with it. The Trump administration has been ramping up pressure on China by raising import tariffs on Chinese goods in recent months. On Tuesday, the White House published a fact sheet, stating that China…
With Trump’s latest tariff action, the magnitude of his trade assault hit home and Beijing’s hope for dialogue melted into frustration and anger. Until now its response had been restrained. On Friday, Beijing matched Trump’s 34% additional tariffs and for the first time it hit all U.S. products, no exceptions. It also restricted exports of…