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US and China reach deal to reduce trade deficit
US Trade Representative Jamieson Greer stressed that a major priority for Trump is to cut down the US trade deficit with China, which hit a record $263 billion last year. He was confident that their agreement with Chinese partners would help in solving this national emergency.
described the conclusion as “a deal we struck with our Chinese partners” that will help reduce the $1.2 trillion US global goods trade deficit. “And this was, as the Secretary pointed out ...
Bilateral tariff-free trade now belongs to a bygone era. Read more at straitstimes.com. Read more at straitstimes.com.
The United States and China have reached an agreement on trade after a bout of tit-for-tat tariff increases early in the year and two days of negotiations in Geneva, Switzerland, over the weekend.
US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer announced on Sunday that a deal had been reached with China aimed at reducing the US trade deficit, Reuters ...
GENEVA (Reuters) -The United States and China have agreed a deal to ... U.S. officials touted a "deal" to reduce the U.S. trade deficit, while Chinese officials said the two had ...
US Treasury Secretary Scott Bessent said on Sunday US officials reached a deal with China to cut the trade deficit. He offered optimism and promised more details to come after two days of negotiations ...
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The White House explained that the pause is related to trade negotiations, and during this period a universal tariff of 10% will be in effect. The total US duties on goods from China stands at ...
US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said on Sunday they reached a deal with China to cut the US trade deficit, describing "substantial progress" ...
Defying expectations, the United States and China recently announced an important agreement to de-escalate bilateral trade ...
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