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The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as U.S. retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season.
TAIPEI, Taiwan (AP) — A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.
President Donald Trump on Tuesday will extend the 90-day trade truce between the United States and China for another 90 days, as he and Chinese President Xi Jinping hope to prevent an all-out trade war. The new deadline will expire on Nov. 9 at 12:01 a.m., according to CNBC. The Washington Examiner reached out to the White House for comment.
The battle over trade between the world’s two economic giants has taken yet another turn—but this time, it’s not all fireworks and finger-pointing. While former US ... Continue Reading →
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China’s exports and imports picked up in July, helped by the pause in Trump’s higher tariffs
China has reported its exports surged 7.2% in July from a year earlier while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of a truce in President Donald Trump's trade war with Beijing.
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Stocktwits on MSNBessent Hints At More Talks With Beijing Before November Trade Truce Deadline As China Remains Top US Tariff Source
U.S. Treasury Secretary Scott Bessent on Tuesday said the extended tariff truce with China is “working pretty well,” days after both countries agreed to delay a significant escalation in duties until November.
From a government guide on working in China to Manila forcing Beijing to adjust its moon mission, here’s a round-up from today’s coverage.
China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.
The Canadian Press on MSN9h
Canada seeks meeting to address China's WTO complaint over steel tariffs
OTTAWA — Canada is defending its steel tariffs against China after Beijing lodged a complaint last week at the World Trade Organization.
The Chinese economy lost some momentum in July, backing the case for policymakers to snap out of wait-and-see mode and stimulate growth.