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After imposing a 20% tariff on Chinese imports, the American president quickly upped the ante, raising the levy to 54% to offset what he said were China’s unfair trade practices. Then, enraged when ...
Trump didn’t fully spell out what concessions the U.S. made. Beijing has not confirmed what the negotiators agreed to, and Chinese President Xi Jinping and Trump himself have yet to sign off on it.
In return, Trump said, the U.S. will provide China “what was agreed to,” including allowing Chinese students to attend American colleges and universities.
For example, he recently doubled his steel and aluminum tariffs to 50%, likely increasing costs for U.S. manufacturers and construction companies that rely on the metals as raw materials.
President Donald Trump says the United States will get magnets and rare earth minerals from China under a new trade deal and tariffs on Chinese goods will go to 55%.
President Donald Trump says the United States will get magnets and rare earth minerals from China under a new trade deal and tariffs on Chinese goods will go to 55%.
President Donald Trump says the United States will get magnets and rare earth minerals from China under a new trade deal and tariffs on Chinese goods will go to 55%.
President Donald Trump says the United States will get magnets and rare earth minerals from China under a new trade deal and tariffs on Chinese goods will go to 55%.
For example, he recently doubled his steel and aluminum tariffs to 50%, likely increasing costs for U.S. manufacturers and construction companies that rely on the metals as raw materials.