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‘80% seems right’: Donald Trump floats slashing China tariffs to ease trade war

US President Donald Trump on Friday floated slashing tariffs on China to 80% ahead of a weekend meeting, signaling a possible move to ease tensions in the ongoing trade war.“80% Tariff on China seems right! Up to Scott B,” Trump posted on Truth Social referring to Treasury Secretary Scott Bessent, who is one of the […]

Trump keeps 10% baseline tariff, eases auto and metal duties in trade deal with UK

US president Donald Trump on Thursday confirmed a trade framework with the United Kingdom that reduces tariffs on autos and metals while keeping the baseline 10% tariff as it is. The announcement followed a phone call with UK prime minister Keir Starmer. Under the plan, US tariffs on British cars will drop from 27.5% to […]

US may cut China tariffs from 145% to 50% ahead of trade negotiations in Switzerland

The Trump administration is expected to announce a significant reduction in tariffs on Chinese imports—possibly as early as next week—just as American and Chinese trade officials gather in Switzerland for key negotiations. Sources told The Post that current tariffs of 145% on Chinese goods could be lowered to between 50% and 54%, a rate seen […]

Trump announces trade agreement with UK | World News

Trump announces trade agreement with UK (Photo: AP) US President Donald Trump announced Thursday an agreement with Britain on trade, which would be the first such deal since he launched his global tariffs blitz.Trump provided no details about the scope of the agreement, which comes a month after he imposed sweeping tariffs on US trading […]

China signals openness to trade talks with US under condition that high tariffs must be removed

US and China are engaged in prolonged tariff dispute (Image: AP) China’s commerce ministry on Friday announced that Beijing is reviewing several key proposals from the Trump administration, signaling the openness to trade talks with the US under the condition that high US tariffs must be removed. The ministry has reaffirmed China’s willingness to engage […]

Canadians vote in an election dominated by Trump’s trade war and bluster | World News

TORONTO: Canadians voted on Monday on whether to back their new Prime Minister, Mark Carney, and extend his Liberal Party’s decade in power or hand control to the Conservatives and their populist leader, Pierre Poilievre. But the election was also a referendum on someone who isn’t even Canadian: Donald Trump. The US President trolled Canadians […]

China claims it is on the ‘right side of history’ in escalating trade war with US

China on Monday said it was “on the right side of history” in the trade war with the United States. US has imposed a whopping 145 percent levy on the arch rival, which responded with a 125 percent tariff on US goods.Top Chinese economic official, Zhao Chenxin, said in a news conference that it US’ […]

‘Unjustified trade war’: China hits out at ‘extreme selfishness’ of tariffs

China on Saturday slammed the “extreme selfishness” behind tariffs, indirectly referring to the steep duties imposed by US President Donald Trump, describing it as an “unjustified trade war.”According to the Chinese foreign ministry’s statement, top diplomat Wang Yi told his Uzbek counterpart Bakhtiyor Saidov on Friday that, “Certain countries” resort to “pressure and coercion, and […]

Trump plays up prospects of ‘fair deal’ on trade with China

WASHINGTON: US President Donald Trump late on Wednesday played up prospects of a “fair deal” on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. Trump told reporters his country would have a “fair deal with China,” adding that “everything’s active” when asked […]

Kenyan president vows closer ties to China during visit amid Trump’s trade war

William Ruto and Xi Jinping (AP) BEIJING: Kenyan President William Ruto pledged to build closer ties with China on Thursday, a day after saying a global trade war triggered by Washington could deal a “death blow” to the current world order. Ruto is on a five-day visit to China, his third trip to Beijing since […]