EU, Trump and tariffs
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Trump, China and tariff
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22mon MSN
U.S. President Donald Trump might visit China before going to the Asia-Pacific Economic Cooperation summit between October 30 and November 1, or he could meet Chinese leader Xi Jinping on the sidelines of the APEC event in South Korea, the South China Morning Post reported on Sunday citing multiple sources.
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Worldcrunch on MSNThe World Has A “Nuclear Option” For Trump’s Tariff War: Target U.S. DebtAmerica has a huge debt, and it's financed by half the world. If foreign nations and investors coordinated, it could force Trump to negotiate more reasonably on tariffs. But the threat on the world economy is huge.
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.
President Donald Trump’s plan to slap a 50% tariff on copper imports is exposing the tangled web of regulations that have long stifled America’s ability to mine and refine its critical minerals. The new tariff is set to take effect in August and will target refined and semi-finished copper,
The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States.
Long before President Trump wielded tariffs as a weapon to punish Indonesia, the country was fighting back a flood of cheap Chinese goods.
After slashing billions in foreign aid, including shutting down the U.S. Agency for International Development, the Trump administration says it is forging a new approach: "commercial diplomacy." Trade,
Taken together with Biden administration tariffs on China, which expanded on Trump first-term duties, China now faces an effective average tariff rate of nearly 150%.