Trump's Eases China Feud
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U.S., China agree to cut tariffs
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Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.
Economics and business experts remain cautious about the outlook for the the trade war following news of a 'tariff-truce' between China and the U.S.
A new U.S.-China agreement to pause sky-high tariffs on each other is pressuring manufacturing hubs such as Vietnam and Mexico to make their own, better deals with the U.S. to continue benefiting from a "China-plus-one" strategy by global producers.
Carney’s pro-trade stance could open up China-Canada business opportunities, in clean energy, agriculture, and energy trade.
Overall, the US government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier.
U.S. and Chinese trade negotiators agreed over the weekend to lower mutually imposed triple-digit tariffs in a significant de-escalation of the ongoing trade war between Washington, D.C., and
A new analysis from Yale’s Budget Lab shows 2025 trade policies are set to drive grocery prices up once again. Fresh produce could jump more than 5%, and overall food prices are projected to rise 2.6% in the short term.