Trump, Trade War and Tariffs
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Shipping companies rerouted their ships from China when tariffs were over 100%, and now it will take a while to get them back down.
The U.S.-China talks on trade resemble arms-control negotiations, with export controls the key weapons. As part of a monthslong feud, the two sides choked off the supply of such exports as rare earths or semiconductor technology in a bid to gain an edge.
U.S. trade negotiations have transitioned from their opening act, with its many twists and turns, into a new, protracted chapter: the Slow Grind. It may be less turbulent than this past spring's drama,
Officials from both sides are meeting on Monday in London, aiming to resolve differences over tariffs and supply chains that have endangered a fragile truce between the countries.
The U.S.-China talks on trade resemble arms-control negotiations, with export controls being the key weapons in each side’s arsenal.
Donald Trump has said the US and China’s deal to restore their trade war truce is “done” after two days of marathon negotiations in London. In a post on his Truth Social network on Wednesday the US president hailed a breakthrough reached in bilateral talks in London late the night before.
GM formed alliances with 2 rare earth mineral processing companies to domestically source materials for parts GM uses in EVs.
FRANKFURT (Reuters) -Coercive trade policies fail to resolve financial imbalances and the risk of mutual economic damage is so great that all sides need to weigh policy adjustments to resolve tensions, European Central Bank President Christine Lagarde said on Wednesday.
A casket maker in Magog, Que., is the only one in Canada to make coffins out of steel. The 50 per cent tariff is hurting business.