Flurry of trade deals offers relief for some Asian countries
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The Manila Times on MSN1h
Trade deal cuts US tariffs by only 1%UNITED States President Donald Trump agreed Tuesday to cut tariffs on goods imported from the Philippines, but only by 1 percentage point, from 20 percent to 19 percent, in exchange for zero tariffs on some products from the United States,
President Donald Trump says a trip to China may happen soon, hinting at efforts to stabilize U.S.-China trade relations.
President Trump has hinted at a forthcoming visit to China to potentially reset US-China relations. A summit with President Xi Jinping is anticipated to stabilize the turbulent relationship marked by past trade disputes.
DAR ES SALAAM: THE bilateral trade volume between Tanzania and the United States (US) has more than doubled over the past four years, reflecting ongoing efforts to strengthen economic relations between the two nations.
China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.
The European Commission is focused on resolving trade discussions with the United States through negotiations, while also preparing for potential countermeasures if needed. Trade Commissioner Maros Sefcovic is set to speak with U.
The US-China trade deal is likely a precursor to certain other agreements on Fentanyl and Nvidia semiconductor chip exports, but an eventual decoupling is inevitable.
The Chinese commerce ministry said on Friday that Beijing and Washington had stepped up efforts to implement what they had agreed during recent trade talks but cautioned the U.S. against destabilising their "hard-won" consensus.
U.S. Trade Representative Calls Out China for Harmful Policies ... and diplomatic and economic relations between the two countries have deteriorated. The U.S. release of Meng Wanzhou, ...
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