Flurry of trade deals offers relief for some Asian countries
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Taiwan’s trade negotiators have arrived in the US for talks aimed at clinching a trade deal with President Donald Trump’s team and averting a threatened 32% tariff.
UNITED States President Donald Trump agreed Tuesday to cut tariffs on goods imported from the Philippines, but only by 1 percentage point, from 20 percent to 19 percent, in exchange for zero tariffs on some products from the United States,
President Donald Trump says a trip to China may happen soon, hinting at efforts to stabilize U.S.-China trade relations.
The European Commission is focused on resolving trade discussions with the United States through negotiations, while also preparing for potential countermeasures if needed. Trade Commissioner Maros Sefcovic is set to speak with U.
At Wednesday's summit, the EU and Japan are expected to reaffirm their commitment to a rules-based order, as both face trade disputes with the US, but the pair offer differing approaches to negotiations with the Trump administration.
DAR ES SALAAM: THE bilateral trade volume between Tanzania and the United States (US) has more than doubled over the past four years, reflecting ongoing efforts to strengthen economic relations between the two nations.
President Trump has hinted at a forthcoming visit to China to potentially reset US-China relations. A summit with President Xi Jinping is anticipated to stabilize the turbulent relationship marked by past trade disputes.
The US-China trade deal is likely a precursor to certain other agreements on Fentanyl and Nvidia semiconductor chip exports, but an eventual decoupling is inevitable.
The Chinese commerce ministry said on Friday that Beijing and Washington had stepped up efforts to implement what they had agreed during recent trade talks but cautioned the U.S. against destabilising their "hard-won" consensus.