Trump plays up prospects of 'fair deal' on trade with China
Thursday, 24 April 2025 () President Trump expressed optimism about securing a "fair deal" with China on trade, hinting at potential tariff reductions pending discussions. However, China refuted claims of ongoing trade talks or agreements with the US regarding tariffs.
President Trump is under pressure from U.S. automakers to walk back planned tariffs on car parts imported from China. While some exemptions may be granted, key 25% tariffs on foreign-made cars and parts remain, threatening to raise vehicle prices and disrupt global supply chains. Tesla has paused...
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..
U.S. President Trump's White House Press Secretary Karoline Leavitt briefs the media. The White House provided a significant update on Trump's global tariff strategy. Leavitt..
Thursday, 24 April 2025 ()
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