Trump, China and India
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Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.
"China is right now the biggest revenue line in the tariff income," Bessent said in an interview on Fox News' "The Ingraham Angle" show. "We have had very good talks with China, I imagine we will be seeing them again before November,
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.
U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.
The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge,
New bipartisan legislation aims to get “skin in the game” on trade and tariffs. The post Lawmakers take on China with new tariff bill appeared first on FreightWaves.
14hon MSN
Australian companies in US–China tariffs limbo accuse Austrade of abandoning small business
Australian fashion brands that are stocked in the US are wearing the burden of the higher tariffs on Chinese made goods. And as uncertainty continues, some brands are walking away from the lucrative market.
President Trump's on-again, off-again tariffs have created roller-coaster volatility for markets, but experts believe these ETFs could fare better.