Trade
The U.S. and China are set for icebreaker trade talks. Here’s what to expect
Delegation officials arriving for the second bilateral meeting between U.S. Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou on April 6, 2024. Pedro Pardo | Afp | Getty Images The stakes are high for the U.S. and China’s icebreaker trade […]
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Pandora to Puma: Retailers warn tariffs will push up prices
A Puma sportswear store in central London on May 1, 2025. Bloomberg | Getty Images Household brands including Pandora, Puma and Hugo Boss all said this week that they are evaluating their pricing strategies in the U.S. and beyond in the event that President Donald Trump’s most punitive levies come into effect. Some others, meanwhile, […]
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Trump’s deal with the UK sends a clear message: 10% tariffs are here to stay
President Donald Trump listens as Prime Minister Keir Starmer of Britain speaks to him on the speaker phone in the Oval Office at the White House on May 08, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.K. and U.S. agreed to a landmark trade deal on Thursday — yet the agreement appears […]
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Trump says 10% is floor for tariffs; ‘Some will be much higher’
President Donald Trump on Thursday said that 10% will be the floor for his tariffs on imports from other countries that seek to reach trade agreements with the United States. “Some will be much higher because they have massive trade surpluses and in many cases they didn’t treat us right,” Trump told reporters at the […]
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Watch live: Trump unveils United Kingdom trade deal, first since ‘reciprocal’ tariff pause
President Donald Trump on Thursday unveiled the broad outline of a trade agreement with the United Kingdom. The deal is the first by the United States with a country whose imports were subject to new tariffs imposed by Trump in early April. But specifics about the deal were not immediately clear, and nothing was signed […]
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Maersk, a bellwether for global trade, cuts container market outlook on U.S.-China tariff tensions
The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit but warned that the current level of U.S.-China trade tariffs could restrict […]
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Britain set to become the first country to sign a trade deal with U.S., The New York Times reports
The U.S. Stars and Stripes flag hangs on Whitehall with the figure of Lord Nelson on the top of his column in Trafalgar Square, on 3rd June 2019, in London England. Richard Baker | In Pictures | Getty Images Britain is reportedly set to sign a trade deal with the U.S., making it the first […]
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Trump says news conference to be held on Thursday about major trade deal
U.S. President Donald Trump makes a sports announcement at the White House in Washington, D.C., U.S., May 5, 2025. Leah Millis | Reuters There will be an Oval Office news conference about a major trade deal with the U.S. on Thursday “with representatives of a big, and highly respected, country” at 10 a.m. EDT (1400 GMT), U.S. […]
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Trump digs in on high China tariffs ahead of trade talks
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters President Donald Trump said Wednesday he would not consider lowering the United States’ 145% tariffs on China in order […]
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China says U.S. asked for trade meeting in Switzerland
The upcoming meeting in Switzerland between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart was requested by the Trump administration, Chinese officials said Wednesday. China will be entering the talks “firmly” opposed to U.S. tariff hikes, and willing to participate only in a dialogue “based on equality, respect and mutual benefit,” Foreign Ministry spokesman […]
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