President Trump has made a major concession on tariffs with China as the US-UK trade deal is said to be only days away. The US and China have been locked in a trade war for over a year, with both countries imposing tariffs on each other’s goods. However, Trump has now agreed to roll back some of the tariffs on Chinese imports, in a move that is seen as a sign of progress in the ongoing trade negotiations.
At the same time, the US and UK are reportedly close to finalizing a trade deal that could be signed within days. This deal would be a major boost for both countries, as it would eliminate tariffs on a wide range of goods and services, and open up new opportunities for trade and investment.
Overall, these developments are seen as positive steps towards resolving the trade disputes that have been weighing on the global economy. The easing of tariffs between the US and China, as well as the potential US-UK trade deal, could help to boost economic growth and provide a much-needed boost to businesses and consumers.
This image shows President Joe Biden speaking at a press conference. The caption mentions that the President insists that his policy is “doing really well” despite China hiking tariffs on American goods to 125 per cent.
President Trump has made a major concession on tariffs with China as the US-UK trade deal is said to be only days away. The US and China have been locked in a trade war for over a year, with both countries imposing tariffs on each other’s goods. However, Trump has now agreed to roll back some of the tariffs on Chinese imports, in a move that is seen as a sign of progress in the ongoing trade negotiations.
At the same time, the US and UK are reportedly close to finalizing a trade deal that could be signed within days. This deal would be a major boost for both countries, as it would eliminate tariffs on a wide range of goods and services, and open up new opportunities for trade and investment.
Overall, these developments are seen as positive steps towards resolving the trade disputes that have been weighing on the global economy. The easing of tariffs between the US and China, as well as the potential US-UK trade deal, could help to boost economic growth and provide a much-needed boost to businesses and consumers.
https://www.independent.co.uk/news/business/tariffs-live-trump-china-asia-ftse-uk-eu-stock-markets-b2732336.html
