Trump eyes China visit for tariff talks, Rubio says
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China has been a fierce critic of sweeping U.S. tariffs that Trump announced on April 2. He later delayed the implementation of most but China, which has said it will respond with its own tariffs on U.S. imports, now faces a deadline next month to negotiate a deal.
U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to follow through on a promise to essentially ban that vital cargo-handling equipment.
The global car industry has grappled for months to navigate the Trump administration’s trade war. That gives Swamy Kotagiri, CEO of Magna International, the largest auto-parts manufacturer in North America,
"The EU and China are broadly on a colliding trajectory in terms of their trade and industrial policy concerns," he told CNBC. Bones of contention include the challenge of China's overcapacity and trade diversion to Europe, Stec, who is also head of the Mercator Institute's Brussels office, explained.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
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Trump has warned that if any country introduces retaliatory duties, Washington would increase its tariff rates. Tokayev's comments suggest that like other countries, Kazakhstan will seek to get a deal with the U.S. over the line in the next three weeks.
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Sabrin Chowdhury, head of commodities research at BMI, says that there is a huge shortage of copper ore in China at the moment so any rerouting of Chilean copper ore originally heading to the U.S. would be good for China in the short-term,
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CNET on MSNCNET Daily Tariff Price Tracker: I'm Watching 11 Key Products for Changes, Here's What's HappenedThe deadline for the start of Trump's heaviest tariffs has been delayed until next month, leaving consumers stuck with more uncertainty over prices.
Canadian Prime Minister Mark Carney said his country would continue to work toward a new trade framework with the U.S.
TCS CEO and Managing Director K Krithivasan says an uncertain macroeconomic climate remains a key challenge for the company. He hopes more clarity on the U.S.-China trade deal will help revive consumer confidence in the U.