US president Donald Trump has suggested that the historically high tariffs he imposed on Chinese imports will not last. Speaking from the Oval Office on Tuesday, Trump told reporters the 145% tariff rate would eventually “come down substantially,” even as he maintained a confident tone about the US’s bargaining position.“145% is very high, and it […]
China has expressed its willingness to resume trade negotiations with the United States, provided that certain key preconditions are fulfilled. Among the primary demands is a call for greater diplomatic respect, a consistent US trade stance, attention to its concerns on sanctions and Taiwan, and the appointment of a lead negotiator with Trump’s full backing, […]
European Commission President Ursula von der Leyen and Donald Trump The European Union on Thursday announced that it would suspend its retaliatory tariff worth 20.9 billion euros ($23 billion) on US goods for 90 days after American President Donald Trump imposed a pause on levies. European Commission President Ursula von der Leyen acknowledged Trump’s announcement […]
The TOI Correspondent from Washington: American stock indices tanked “bigly” the morning after the MAGA supremo Donald Trump’s “tariff terrorism” but the US President remained upbeat about the eventual outcome of his tectonic trade gambit amid the market meltdown. “THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT […]
