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Trump Says US Has Reached Trade Deal With China
President Trump has announced that the United States has reached a trade deal with China following two days of intense negotiations in London.
"Our deal with China is done, subject to final approval with President Xi and me," Trump posted in all caps on Truth Social Wednesday morning, June 11. "Full magnets, and any necessary rare earths, will be supplied, up front, by China.
"Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!)
"We are getting a total of 55% tariffs, China is getti…
Trump Now Says There Will Be 'No Exceptions' On Tariffs For iPhones, Other Chinese Electronics
Not so fast.
Just days after new guidance was released by the government stated that machines used to make semiconductors, flat-screen TVs, tablets, and desktop computers are excluded from President Trump’s 125 percent tariff on Chinese goods, the administration is now saying those exemptions are only temporary.
In a social media post on Truth Social on Sunday, April 13, Trump said there are “no exceptions,” and tariffs will apply to those items, apparently clarifying the US Customs and Border Protection bulletin issued Friday, April 11.
“NOBODY is getting ‘off the hook,' ” Trump wrot…
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor.
In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA).
The pause will be in effect until Tuesday, Apr. 2.
"I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…
Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears
President Donald Trump announced that tariffs on Canada and Mexico will take effect in less than a day, sending the stock market tumbling amid fears of a trade war.
Trump said on Monday afternoon, March 3, that the US will impose 25 percent rates on imports from the two neighboring nations and the United States’ primary trading partners, effectively quashing any last-minute hopes for a negotiated agreement.
“There’s no room left for Mexico or for Canada” to negotiate to prevent the tariffs from taking effect on Tuesday, March 4, Trump said at the White House, adding, “They’re all set.”
The…
