President Donald Trump is set to increase U.S. tariffs to 25 per cent from the current 10 per cent on roughly $200 billion worth of Chinese imported goods if there’s no trade deal in place by one minute passed midnight, March 2. Although just this week, U.S. Treasury Secretary Steven Mnuchin said he would be… Read More
Tag: Xi Jinping
After several months of trade war escalation between the U.S. and China, a temporary truce has been reached, following Saturday’s presidential meeting between between the countries’ leaders. Giving themselves 90 days to negotiate some solutions to over a hundred issues, the U.S. trade team led by U.S. Trade Representative Robert Lighthizer will attempt to force… Read More