China, Tariff
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Despite tariff pause, experts have warned traders will still face hurdles in competition for freight services and negotiating shipment costs.
Initial reports on the 90-day move to temporarily lower bilateral duties predicted a frenzy of new shipments from China. Experts say that likely won't happen.
Chinese leader Xi Jinping has taken aim at “bullying” and “hegemonism,” in his first public remarks since a temporary truce over tariffs was agreed in the trade war between the United States and China.
Business leaders welcome the 90-day reprieve but call for a longer-term trade deal.
Following months of rising tensions and economic uncertainty, the United States and China have reached a 90-day agreement to drastically scale back tariffs on hundreds of billions of dollars
1don MSN
The stock markets are soaring, but will President Donald Trump also enjoy a political payoff in public opinion polling in the wake of a tariff truce with China?