China, Trump and tariffs
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The U.S. has a $12 billion trade surplus with the United Kingdom, meaning it already exports more than it imports. Meanwhile, the baseline 10% tariff Trump announced April 2 will remain in effect for most U.K. imports, which could lead to higher prices for consumers.
16hon MSN
China criticized the trade agreement reached between the U.S. and the U.K. last week as it could potentially push Chinese products out of British supply chains.
Bank of England Governor Andrew Bailey said the trade deal concluded between the United States and Britain was a good thing but still left tariffs on most British goods exports to the U.S. higher than they were before last month.
the first for his administration since imposing — then pausing — sweeping "reciprocal" tariffs against all trading partners in early April. Trump said the "breakthrough" US-UK trade agreement ...
United States President Donald Trump announced the framework of a trade deal between the US and the United Kingdom, which re-sets US tariffs on most UK goods at 10 percent, on Thursday.
Australia's conservative Liberal Party elected Sussan Ley, a former outback pilot with three finance degrees, as its first woman leader on Tuesday, after an election loss partly due to comparisons with U.S. President Donald Trump's policies.
The UK's "first-of-its-kind" deal with the US includes reduced tariffs for key industries such as British steel, but American economist Joseph Stiglitz has told Sky News why he "wouldn't see it as an achievement".
The Trump administration will cut the “ de minimis ” tariff on low-value packages from China, according to an executive order published on Monday. The levies, reduced to 54% from 120%, will likely affect China’s e-commerce powerhouses like Shein and Temu,
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