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U.S.–China Trade Rebalancing: Key Takeaways from the New Agreement
This week, U.S. President Donald Trump and Chinese President Xi Jinping announced a sweeping economic agreement following high-level talks in Seoul. The deal marks a new phase in the evolving U.S.–China trade relationship. It represents both a temporary easing of certain tariffs and export restrictions, and a recalibration of long-term [...]
Read MoreU.S.–China Announce Tariff Suspensions and New Trade Understandings
China’s Ministry of Commerce announced that the latest round of U.S.–China economic and trade talks, held in Kuala Lumpur, resulted in several notable tariff and export-control suspensions that could temporarily ease tensions for importers and exporters on both sides. Key Outcomes The United States will cancel the 10% “fentanyl tariffs” [...]
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