China, Trump and tariff rate
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1hon MSN
Treasury Secretary Bessent details Trump administration's plan to tackle China's economic imbalances
China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.
A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.
Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.
April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
1don MSN
Trump says US will impose 19% tariff on imports from Philippines in deal struck with leader Marcos
President Donald Trump says he's reached a trade agreement with Philippine leader Ferdinand Marcos Jr. following a meeting at the White House.
Confident that his right-wing populist policies would help win him favor with Trump’s administration, Orbán said in an interview in April that while tariffs “will be a disadvantage,” his government was negotiating “other economic agreements and issues that will offset them.”
2don MSN
Trump considering meeting with China's Xi in the near future amid possible tariff pause extension
President Donald Trump said he could meet with Chinese President Xi Jinping in the "not too distant future" following an invitation from Beijing.
Al Jazeera on MSN1d
Trump’s hefty tariff on Brazil expected to push the country towards China
Chinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
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