China, that talks and tariff truce
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33mon MSN
Chinese and U.S. trade officials were heading into a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world's two largest economies.
The trade agreement reached between the U.S. and European Union reaffirms an emerging pattern: higher tariffs, purchase commitments, investment agreements—and a lot of confusion.
Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China tariff truce and President Donald Trump's shorter deadline for Russia to end the Ukraine war.
Foreign ministry says Beijing has interest in growing Brazil ties, including ‘cooperation on aviation’, with US duties to start on Friday.
Over the first half of 2025, China's exports to the world grew nearly 6% from a year earlier, defying expectations of a broad slowdown.
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The stakes are high, with the United States and India counting on one another as indispensable partners in their competition with China.
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
President Trump and European Commission President Ursula von der Leyen announced Sunday that the US and EU had agreed to the framework of a trade deal that included a baseline tariff rate of 15% on EU goods imported into the US.