China, White House and Trade Deal
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After second day of talks with the U.S., Chinese Vice Premier He Lifeng said trade talks with the U.S. “achieved substantial progress and reached important consensus.”
The White House has said its agreements with the U.K. and China are starting points, but so far the Trump administration has given up more than it has gained.
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”
On President Donald Trump’s 101st day in office, he warned that children may have to shrink their toy chests as tariffs raise the price of dolls from China.
4don MSN
President Donald Trump is "determined to continue with a "10% baseline tariff" against all countries despite his U.K. trade deal, the White House said.
Reuters on MSN1d
Trade deal: de minimis tariffs slashed, Boeing ban liftedThe United States will cut the low value "de minimis" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies,
President Donald Trump says "we achieved a total reset" with China over the weekend. He says trade talks were very friendly and China also will remove all non-monetary barriers. He speaks at the White House.