China, Trump and Trade Agenda
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The weekend deal adds to the sense that President Donald Trump may be backing off some of the more stringent trade tariffs.
The temporary lifting of triple-digit trade levies between China and the U.S. while trade talks get under way removes the threat of an immediate stagflationary hit to the economy. This is very good news.
UBS strategists led by Sean Simonds have a timely note about how now the questions will be less on policy uncertainty and more on outcome uncertainty.
GENEVA (Reuters) -Switzerland has moved to the front of the queue for a trade deal with the United States, U.S. Treasury Secretary Scott Bessent said on Monday, after the Alpine country hosted surprisingly successful U.S.-China trade talks this weekend.
The U.S. and China agreed to lower tariffs for 90 days. The details: U.S. tariffs on Chinese goods will fall to 30 percent from 145 percent. Meanwhile, China’s blanket tariffs on U.S. products will drop to 10 percent from 125 percent. A few tariffs will remain. President Donald Trump signed an order to lower prescription drug prices.
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The Mavericks felt that Doncic didn't give them the best chance to win a title — despite the fact that they made the NBA Finals just a year ago — constantly repeating the phrase "defense wins championships" as the explanation for the deal.
Related: Home Depot quietly makes a change that may enrage customers Five years ago, covid sent most of America's retailers into a panic when most stores shuttered overnight and foot traffic fell to nearly zero.
SharkNinja Chief Executive Mark Barrocas obsessively checked his Apple News feed throughout the night Sunday. When the U.S.-China trade agreement was announced early Monday morning, he instructed factories in China to release hundreds of containers of goods bound for the U.