Tag Archives: trade deal

The United States and the European Union struck a long-awaited tariff framework Thursday, capping duties on pharmaceuticals, semiconductors and lumber imports at 15% after weeks of tense negotiations. The agreement averts the steep tariff hikes threatened by President Donald Trump, who had warned of rates as high as 250% on …

President Donald Trump on Thursday formally imposed sweeping new tariffs on imports from more than 60 countries, issuing an executive order just hours before the administration’s self-imposed midnight deadline. The new tariffs — ranging from 10% to as high as 41% — are set to take effect in seven days …

President Donald Trump announced Tuesday that his administration has reached a new trade agreement with Japan, one of the United States’ top trading partners, that will reduce tariffs on Japanese imports to 15%. The announcement comes just days before Trump’s self-imposed August 1 trade deadline and is being hailed by …

Former President Donald Trump on Wednesday announced a tentative trade truce with China, saying Beijing has agreed to ease restrictions on rare earth minerals and magnets critical to American industry, while the U.S. will halt efforts to revoke Chinese student visas. The announcement came via social media following two days …