US, China and tariffs
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The ink on Britain’s landmark post-Brexit trade deal with India had hardly dried before the news broke that an agreement with the US was imminent. Writing on Truth Social overnight, Donald Trump said it was a “great honour” to have the UK be the first trade deal signed with the United States, claiming it will be “full and comprehensive”.
US and China Cut Reciprocal Tariffs to 10% in 90-Day Reprieve – Highlights from US-China Trade Talks
New agreement sees reciprocal US-China tariffs drop from 125% to 10% for 90 days, with final US tariff rate on China lowered to 30%
Under the new agreement, US tariffs on UK goods will be set at 10 percent ... Meetings will take place in Geneva, and are expected to address reductions on broad tariffs, duties on specific ...
The anticipation surrounding the UK-US tariff deal is palpable, as both nations gear up to announce a significant agreement aimed at reducing trade barriers. While President Trump has described this as a 'major trade deal,
A tariff reduction on British car exports to the U.S. in a new economic deal brings relief to the UK car industry. The Society of Motor Manufacturers and Traders welcomes the development as a step towards further reducing trade barriers and fostering economic growth for both nations.
Bentley has been left hamstrung by the US-UK trade deal that has seen luxury car buyers in America hold off purchases, the boss of the brand has warned.
The US is the UK's second-largest export market after the EU, the report said. The UK's auto and steel industries have clamored for a tariff reduction, warning current 25% levies on each could ...
The 90-day pause is a major de-escalation in the tariff war and comes after talks between both countries in Geneva.
Following their tariff reductions, China and the US have unveiled major investments – Beijing in Brazil and Washington in the Middle East.
The US is the UK's second-largest export market after the EU, the report said. The UK's auto and steel industries have clamored for a tariff reduction, warning current 25% levies on each could decimate their business. One auto executive quoted by the FT ...