Analysis: Trade deal or truce? Questions as Trump meets with China's Xi

Analysis: Trade deal or truce? Questions as Trump meets with China’s Xi

WASHINGTON — President Trump faces the most important international meeting of his second term so far on Thursday: face-to-face negotiations with Xi Jinping, who has made China a formidable economic and military challenger to the United States. The two presidents face a vast agenda during their meeting in Seoul, beginning with the two countries’ escalating trade war…

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Swiss drugmaker Novartis says it can withstand potential tariffs; TikTok deal reached as US and China seek to break trade deadlock

Swiss drugmaker Novartis says it can withstand potential tariffs; TikTok deal reached as US and China seek to break trade deadlock

The CEO of Swiss pharmaceutical company Novartis said Saturday that it has enough stockpiles in the US to withstand any potential tariffs from President Trump, Reuters reported. Pharmaceuticals are exempt from the 39% tariffs Trump slapped on Switzerland in August, but an EU trade deal reached in July includes a 15% tariff on most drugs,…

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