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Trump softens tone on tariffs

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Trump signals shift in tone on China tariffs

President Trump on Wednesday attempted to thwart the trade war with China, acknowledging that the 145% obligation he slapped in Beijing is “very high” and that he is optimistic that he could sign a contract with President Xi Jinping in the US market. “We’re dealing with a lot of countries now and we could be […]

China slams US tariffs as ‘bullying’ at informal UN Security Council meeting

Hillel Neuer, the UN executive director of surveillance, accusing China of blaming bullying, and mediators discuss the Trump administration, which is considering offering new peace plans to Israel and Hamas and cutting UN and NATO funds. united nations – China accused other countries of using tariffs as it led a UN Security Council meeting on […]

China sends back Boeing planes amid increased tariffs

Boeing CEO Kelly Ortberg said the company is working with China to retrieve the planes it sent to the country amid the rise in tariff war between China and the US. Autoberg said in an Interview with CNBC Boeing has three planes “ready for delivery” to China. Two of them had already been returned, but […]

Trump administration announces plan to hike solar tariffs for 4 countries

The Ministry of Commerce announced this week plans to raise tariffs on East Asian solar panels, claiming that panels in Cambodia, Malaysia, Thailand and Vietnam are receiving Chinese subsidies. Panels from Cambodia received the highest tariffs as solar panels from that country measure duties at an average rate of 652%, while some Cambodian companies were […]

Karoline Leavitt Says There Will Be ‘No Unilateral Reduction In Tariffs’ Against China

White House Press Secretary Caroline Levitt said on Wednesday that China “will not be unilaterally reduced tariffs” and that the country must negotiate with the US. President Donald Trump said Tuesday that the US will not be completely eliminated after placing substantial tariffs on the country over unfair trade practices, but it intends to “substantially” […]

Trump Has Given ‘Significant Hope To Our Industry’ Car Part Manufacturers Say, Ask For Time To Implement Tariffs

The Professional Equipment Market Association (SEMA), representing more than 7,500 American automotive businesses, provided a message of support for President Donald Trump’s trade agenda. Letter sent on Monday, SEMA praise Trump’s leadership and commitment to restore American industrial power. “We write about praise you and your administration for your commitment to restoring the greatness of […]