Nation & World Alert Top Story US, China to slash tariffs during 90-day reprieve for talks JENNY LEONARD Bloomberg News May 12, 2025 The U.S. and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world…
+2 US, China reach deal to temporarily slash tariffs By Emma Farge, Olivia Le Poidevin and Andrea Shalal Reuters May 12, 2025 GENEVA â€� The U.S. and China said on Monday they agreed to temporarily slash their steep tariffs on each other, sending global stocks and the U…
US officials say deal secured to cut China trade deficit By Emma Farge and John Revill Reuters May 11, 2025 GENEVA â€� U.S. Treasury Secretary Scott Bessent and trade representative Jamieson Greer said on Sunday they reached a deal with China to cut th…
US, China officials continue negotiation to ease trade conflict By Emma Farge and John Revill Reuters May 10, 2025 GENEVA â€� China Vice Premier He Lifeng resumed talks with U.S. Treasury Secretary Scott Bessent on Saturday in Geneva in a tentative first step…
Ahead of China-US talks, Trump says 80% tariff 'seems right' By Doina Chiacu Reuters May 9, 2025 President Donald Trump said on Friday an 80% tariff on Chinese goods "seems right," for the first time, suggesting a specific alternative to t…
Detroit Three automakers blast Trump UK trade deal By David Shepardson and Kalea Hall Reuters May 8, 2025 A group representing General Motors, Ford and Stellantis blasted President Donald Trump's trade deal announced with the United Kingdom, saying…
The art of the possible: Britain settles for quick win in US trade deal May 8, 2025 By Alistair Smout and Andrea Shalal
Wholesale inventory revised slightly lower in March By Reuters May 8, 2025 WASHINGTON â€� U.S. wholesale inventories increased slightly less than initially estimated in March amid decreases in the stocks of electrical, …
Pharma imports surged in March By Michael Erman Reuters May 6, 2025 NEW YORK â€� Pharmaceutical imports to the U.S. surged in March, as drugmakers stocked up in advance of potential tariffs on their products, whi…
Trade deficit surges to record high in March By Reuters May 6, 2025 WASHINGTON â€� U.S. trade deficit widened to a record high in March as businesses boosted imports of goods ahead of tariffs, which dragged gross…
