Donald Trump, China and Golden Dome
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Some have rushed to take advantage of the rollback by frontloading and stockpiling shipments. Container bookings for China to U.S. routes soared nearly 300% in the days after the truce was announced, particularly as businesses anticipate end-of-year holiday shopping demand.
Treasury Secretary Scott Bessent said on Sunday that the Trump administration has made progress in its trade negotiations with China. "We will be giving details tomorrow. "But I can tell you that the talks were productive," Bessent told members of the ...
Beginning Wednesday, shipments arriving in the United States from China and Hong Kong worth less than $800 could face 54 percent tariffs.
The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.
President Trump is shifting the pressure to big companies to deal with rising costs from his tariff plan, leaning into populism as a tactic to sell his trade policy to Americans. Trump blasted Walmart on Saturday,
Analysts welcomed the de-escalation agreed in Geneva, but told Newsweek that many questions remain unanswered.
Donald Trump's recent visit to the Middle East was defined by a flurry of artificial intelligence investment deals involving Saudi Arabia and the UAE. Critics say it could help China gain access to critical technology.
9don MSN
Donald Trump touted a 90-day pause on his trade war with China, which will see both countries back away from sky high tariffs that had ground shipments to a halt. In a joint statement, the U.S. and China said that they would suspend their tariffs for three months as negotiations continue.
The Trump organization broke ground Wednesday on a $1.5 billion luxury residential development with three 18-hole golf courses outside Hanoi, Vietnam. Vietnam’s Prime Minister Pham Minh Chinh and President Donald Trump’s son Eric Trump held a groundbreaking ceremony.