China snaps up Russian oil
Digest more
KEY TAKEAWAYS Treasury Secretary Scott Bessent said the U.S. is "very happy" with the current tariff situation with China, indicating there likely won't be any immediate changes to the trade truce between the two countries.
Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.
A 90-day pause on additional tariffs on China offers no relief to American companies already facing extraordinarily high import taxes imposed by President Trump.
New bipartisan legislation aims to get “skin in the game” on trade and tariffs. The post Lawmakers take on China with new tariff bill appeared first on FreightWaves.
U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.
A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.
From a government guide on working in China to Manila forcing Beijing to adjust its moon mission, here’s a round-up from today’s coverage.
Apple is manufacturing all four of its iPhone 17 models in India ahead of next month's launch, according to Bloomberg. That marks a first for the company, as it tries to mitigate the effects of President Donald Trump's tariffs on products produced in China.