World trade chief says global free trade is in a 'crisis' while on visit to Japan
Tuesday, 13 May 2025 () WTO Chief Ngozi Okonjo-Iweala met Japanese Prime Minister Shigaru Ishiba. She highlighted the crisis in global free trade. Okonjo-Iweala urged Japan to champion open markets. This comes amid the trade disruptions by U.S. President Donald Trump. The U.S. and China agreed to tariff cuts for negotiations. Japan seeks a deal with the U.S. on tariffs.
The United States and China have agreed to temporarily slash their tit-for-tat tariffs, with the US rate down to 30 percent and Chinese duties cut to to 10 percent, the US trade chief says. Following a weekend of trade talks in Geneva, US Treasury Secretary Scott Bessent and Trade Representative...
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President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a..
In a surprising move, the United States and China have announced a truce in their ongoing trade war following high-stakes talks in Geneva. The deal will see tariffs significantly reduced, with the U.S...
Tuesday, 13 May 2025 ()
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