Donald Trump to announce 'major trade deal' with a ‘big and highly respected’ nation
Thursday, 8 May 2025 () President Trump is set to unveil a major trade deal tomorrow, amid ongoing trade tensions, particularly with China, and the start of US-China talks in Switzerland. The announcement follows recent US tariff impositions on Chinese imports, which Trump defends as necessary to correct trade imbalances. The market has reacted cautiously, and the Federal Reserve warns of potential economic reshaping.
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