Tag #Us-China Trade

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bbc.com

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May 12, 13:10

US and China Agree to 90-Day Tariff Reduction

The US and China have agreed to a 90-day tariff reduction, lowering US tariffs on Chinese imports to 30% and Chinese tariffs on US imports to 10%, starting May 14, in an attempt to de-escalate trade tensions and avert a complete trade decoupling.

US and China Agree to 90-Day Tariff Reduction

The US and China have agreed to a 90-day tariff reduction, lowering US tariffs on Chinese imports to 30% and Chinese tariffs on US imports to 10%, starting May 14, in an attempt to de-escalate trade tensions and avert a complete trade decoupling.

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What are the immediate economic impacts of the US-China tariff reduction agreement?

The US and China have agreed to significantly reduce their reciprocal tariffs for 90 days, starting May 14. US tariffs on Chinese imports will drop to 30%, while Chinese tariffs on US imports will fall to 10%. This follows talks in Switzerland aimed at de-escalating trade tensions and avoiding a complete trade decoupling.

faz.net

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May 12, 10:11

US and China Agree to 90-Day Tariff Suspension

The US and China agreed to a 90-day suspension of most mutual import tariffs, with the US lowering tariffs on Chinese imports from 145 percent to 30 percent and China lowering tariffs on US imports from 125 percent to 10 percent, leading to positive reactions in international financial markets.

US and China Agree to 90-Day Tariff Suspension

The US and China agreed to a 90-day suspension of most mutual import tariffs, with the US lowering tariffs on Chinese imports from 145 percent to 30 percent and China lowering tariffs on US imports from 125 percent to 10 percent, leading to positive reactions in international financial markets.

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How does this agreement compare to previous trade policies between the US and China?

This agreement signifies a significant de-escalation of trade tensions between the US and China. The reduction in tariffs is expected to positively impact global trade and economic growth, as evidenced by the positive reactions in international financial markets (e.g., Dax up 1.5 percent, Hang Seng up over 3 percent). The establishment of a consultation mechanism further suggests a commitment to improved bilateral relations.

nbcnews.com

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May 12, 10:12

Positive Market Reaction to U.S.-China Trade Talks Despite Lack of Tariff Details

Following reports of "substantial progress" in U.S.-China trade talks, global markets saw a surge in stock futures and the dollar strengthened against safe-haven currencies, though details on tariff reductions remain unclear.

Positive Market Reaction to U.S.-China Trade Talks Despite Lack of Tariff Details

Following reports of "substantial progress" in U.S.-China trade talks, global markets saw a surge in stock futures and the dollar strengthened against safe-haven currencies, though details on tariff reductions remain unclear.

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What immediate market impacts resulted from the reported progress in U.S.-China trade negotiations?

U.S.-China trade talks showed "substantial progress," leading to a rise in Wall Street stock futures and the dollar. However, specifics regarding tariff rates remain absent from the joint statement expected later today. Markets reacted positively, with the S&P 500 futures up 1.2% and Nasdaq futures rising 1.4%.

dw.com

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May 12, 16:10

Trump's Tariffs Shift Temu and Shein's Focus to Europe, Raising Concerns

US President Trump's new tariffs on Chinese imports are impacting the business models of Temu and Shein, causing them to shift focus to Europe, where a higher de minimis threshold allows for continued low-cost sales; however, this creates significant challenges for European businesses and raises con...

Trump's Tariffs Shift Temu and Shein's Focus to Europe, Raising Concerns

US President Trump's new tariffs on Chinese imports are impacting the business models of Temu and Shein, causing them to shift focus to Europe, where a higher de minimis threshold allows for continued low-cost sales; however, this creates significant challenges for European businesses and raises con...

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How does the EU's de minimis rule impact the competitiveness of European businesses against the influx of low-cost goods from Temu and Shein?

The shift in focus to Europe by Temu and Shein is driven by the significantly lower import threshold of €150 in the EU compared to the US. In 2024, nearly 4.6 billion low-value parcels flooded the European market, more than double the 2023 figure and triple that of 2022, with 91% originating from China. This influx undermines European businesses facing higher labor, logistical and regulatory costs.

dailymail.co.uk

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May 12, 19:09

US-China Tariff Cuts Trigger Global Market Surge

The US and China agreed to slash reciprocal tariffs by 115 percent for 90 days, leading to a significant surge in global stock markets; the FTSE 100 rose 0.69 percent, while the Dow Jones surged over 1,000 points. This follows President Trump re-imposing tariffs in January, leading to market turmoil...

US-China Tariff Cuts Trigger Global Market Surge

The US and China agreed to slash reciprocal tariffs by 115 percent for 90 days, leading to a significant surge in global stock markets; the FTSE 100 rose 0.69 percent, while the Dow Jones surged over 1,000 points. This follows President Trump re-imposing tariffs in January, leading to market turmoil...

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What were the immediate market impacts of the US and China agreeing to significantly reduce their reciprocal tariffs?

Following a US-China agreement to slash reciprocal tariffs by 115 percent for 90 days, global stock markets surged. Chinese imports to the US will now face a 30 percent tariff, while US products entering China will be subject to a 10 percent tariff. This resulted in significant gains for indices like the FTSE 100 and the Dow Jones.

foxnews.com

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May 11, 04:09

Trump Proposes 80% Tariff on Chinese Goods

President Trump proposed an 80% tariff on Chinese goods, a significant reduction from the current 145%, pending negotiations in Switzerland between U.S. Treasury Secretary Scott Bessent and Chinese economic tsar He Lifeng; the White House indicates that China must make concessions.

Trump Proposes 80% Tariff on Chinese Goods

President Trump proposed an 80% tariff on Chinese goods, a significant reduction from the current 145%, pending negotiations in Switzerland between U.S. Treasury Secretary Scott Bessent and Chinese economic tsar He Lifeng; the White House indicates that China must make concessions.

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Reduced Inequality

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How does President Trump's latest tariff proposal relate to the ongoing trade negotiations and previous tariff policies?

Trump's tariff suggestion is a pivotal development in ongoing trade negotiations with China. It signals a potential shift in U.S. trade policy, though the White House emphasizes that concessions from China are required. This follows earlier imposition of a 145% tariff on Chinese goods by the Trump administration.

dw.com

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May 12, 04:07

US and China Negotiate "Total Reset" on Tariffs in Geneva

US President Trump announced a "total reset" in trade negotiations with China following a meeting in Geneva on May 10th, 2025, aiming to reduce the 145% tariffs imposed on Chinese goods and address resulting global economic instability.

US and China Negotiate "Total Reset" on Tariffs in Geneva

US President Trump announced a "total reset" in trade negotiations with China following a meeting in Geneva on May 10th, 2025, aiming to reduce the 145% tariffs imposed on Chinese goods and address resulting global economic instability.

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What specific agreements were reached during the US-China trade talks in Geneva, and what are their immediate economic consequences?

A meeting between US and Chinese officials in Geneva resulted in a negotiated 'total reset' of tariffs, according to a statement by President Trump on Truth Social. The talks, aimed at easing trade tensions, concluded Saturday evening and are scheduled to resume Sunday. Both sides expressed optimism regarding the talks' progress.", A2="The negotiations mark a significant step toward resolving trade disputes between the US and China, which have led to substantial economic instability globally. High tariffs imposed by both countries have significantly disrupted supply chains and threatened a global recession. These discussions aim to ease tensions and reduce these tariffs.", A3="The outcome of these negotiations could significantly impact global economic stability. A successful reduction in tariffs could alleviate supply chain disruptions and reduce the risk of a global recession. However, the long-term success depends on continued diplomatic engagement and the willingness of both sides to compromise.", Q1="What specific agreements were reached during the US-China trade talks in Geneva, and what are their immediate economic consequences?", Q2="How did the high tariffs imposed by both the US and China contribute to global economic instability, and what were the stated goals of both sides entering these negotiations?", Q3="What are the potential long-term implications of this 'total reset' of tariffs for US-China trade relations and the global economy, considering the history of trade disputes between the two countries?", ShortDescription="US President Trump announced a "total reset" in trade negotiations with China following a meeting in Geneva on May 10th, 2025, aiming to reduce the 145% tariffs imposed on Chinese goods and address resulting global economic instability.", ShortTitle="US and China Negotiate "Total Reset" on Tariffs in Geneva"))

africa.chinadaily.com.cn

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May 12, 10:12

US Tariffs on China: A 'Transnational Mess,' Not Geopolitical Chess, Says Former UK Ambassador

Sebastian Wood, former UK ambassador to China, criticized the US's reciprocal tariffs on China, calling them a 'transnational mess' due to the US's lack of consistent long-term strategy and unwillingness to endure high economic costs; he predicts major trading entities will not curtail trade with Ch...

US Tariffs on China: A 'Transnational Mess,' Not Geopolitical Chess, Says Former UK Ambassador

Sebastian Wood, former UK ambassador to China, criticized the US's reciprocal tariffs on China, calling them a 'transnational mess' due to the US's lack of consistent long-term strategy and unwillingness to endure high economic costs; he predicts major trading entities will not curtail trade with Ch...

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What are the long-term implications of the US's inconsistent approach to trade policy with China, as assessed by Sebastian Wood?

Wood predicts major trading partners will not curtail their trade relationships with China due to the economic benefits, the US's history of inconsistent trade deals, and the current fluidity of US policy toward China. The ongoing US-China talks further demonstrate the instability of the US approach, making economic sacrifice by other countries seem illogical and unsustainable. This highlights the limitations and unintended consequences of the US tariff strategy.

abcnews.go.com

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May 12, 13:10

Asian Markets Rise on Trade Progress and India-Pakistan Truce

Asian markets rallied Monday following "substantial progress" in US-China trade talks and a truce between India and Pakistan; however, softening travel demand and mixed earnings reports tempered optimism.

Asian Markets Rise on Trade Progress and India-Pakistan Truce

Asian markets rallied Monday following "substantial progress" in US-China trade talks and a truce between India and Pakistan; however, softening travel demand and mixed earnings reports tempered optimism.

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Peace, Justice, and Strong Institutions

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What were the immediate market impacts of the "substantial progress" in US-China trade talks and the India-Pakistan truce?

Asian markets saw growth Monday following "substantial progress" in US-China trade talks, with the Hang Seng up 0.6% and the Shanghai Composite up 0.4%. A truce between India and Pakistan also boosted investor sentiment, with India's Sensex jumping 2.5%. CATL, a Chinese EV battery maker, plans a nearly $4 billion Hong Kong share listing.

theglobeandmail.com

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May 12, 19:09

U.S.-China Trade Talks Yield Temporary Tariff Reduction, Spurring Market Rally

Following two days of talks in Geneva, the U.S. and China agreed to a 90-day pause on tariff increases, reducing U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. goods to 10%, triggering a market rally but leaving longer-term uncertainties.

U.S.-China Trade Talks Yield Temporary Tariff Reduction, Spurring Market Rally

Following two days of talks in Geneva, the U.S. and China agreed to a 90-day pause on tariff increases, reducing U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. goods to 10%, triggering a market rally but leaving longer-term uncertainties.

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What are the immediate market and economic impacts of the temporary U.S.-China trade agreement?

U.S.-China trade talks yielded a 90-day pause on further tariff increases, with U.S. tariffs on Chinese goods falling from 145% to 30% and Chinese tariffs on U.S. goods dropping to 10%. This immediate reduction spurred a market rally, with the S&P 500 rising 2.3% and the Nasdaq jumping 3%.

kathimerini.gr

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May 11, 10:10

Trump Claims 'Full Reboot' of US-China Trade Relations Following Geneva Talks

US President Donald Trump announced "great progress" in US-China trade talks in Geneva, aiming for a "full reboot" of trade relations; however, experts caution that even significant tariff reductions may not fully restore normal trade.

Trump Claims 'Full Reboot' of US-China Trade Relations Following Geneva Talks

US President Donald Trump announced "great progress" in US-China trade talks in Geneva, aiming for a "full reboot" of trade relations; however, experts caution that even significant tariff reductions may not fully restore normal trade.

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How did the imposition of high tariffs by both the US and China impact global markets and bilateral trade?

Trump's positive assessment follows months of strained relations marked by high tariffs imposed by both sides, virtually halting bilateral trade and causing global market disruptions. The talks, led by US Treasury Secretary Steven Mnuchin and Chinese Vice Premier He Lifeng, aim to de-escalate tensions.

bbc.com

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May 11, 10:10

Trump Declares "Total Reset" in US-China Trade Talks

Following the first day of US-China trade talks in Geneva, President Trump declared a "total reset" in relations, citing "very good" progress. The talks, between China's vice-premier He Lifeng and US Treasury Secretary Scott Bessent, aim to de-escalate the trade war sparked by US tariffs of 145% on ...

Trump Declares "Total Reset" in US-China Trade Talks

Following the first day of US-China trade talks in Geneva, President Trump declared a "total reset" in relations, citing "very good" progress. The talks, between China's vice-premier He Lifeng and US Treasury Secretary Scott Bessent, aim to de-escalate the trade war sparked by US tariffs of 145% on ...

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What were the stated positions of both the US and China going into these talks, and what specific concessions are each side seeking?

The "total reset" claim follows months of escalating trade conflict, marked by significant tariffs imposed by both the US and China. These tariffs have demonstrably impacted businesses on both sides; the BBC reported Chinese exporters struggling with US tariffs, while the US economy contracted in the first quarter of the year. This meeting in Geneva represents the first direct negotiation since the tariffs were implemented.

Showing 157 to 168 of 260 results