WASHINGTON (AP) — The U.S. and China have reached an agreement — again — to deescalate trade tensions. But details are scarce, and the latest pact leaves major issues between the world’s two biggest economies unresolved. President Donald Trump said late Thursday that a deal with China had been signed “the other day.” China’s Commerce…
The U.S. and China have agreed on a trade deal that would reduce tariffs and expedite shipments of rare-earth metals. United States Treasury Secretary Scott Bessent said on Friday that U.S. tariffs on Chinese imports will now start at 30%, while China’s duty rate on goods from the U.S. will be at 10%. The 20%…
(Bloomberg) — Almost 10 days since President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they’ll receive crucial magnets from China — and whether Washington, in turn, will allow a host of other exports to resume. Most Read from Bloomberg While there has been a…
Exporters from labour-intensive sectors, including textiles & garments, leather, footwear, farm & processed food and gems and jewellery, will likely reap benefits of the duty breather under the India-UK free trade agreement (FTA), and better diversify their markets amid tariff uncertainties in the US, experts said on Tuesday.According to the commerce ministry, India will gain…