The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
The firm, which the U.S. government scrutinized for its ties to China, is angling for hundreds of thousands of advanced artificial intelligence chips in a deal that could be finalized this week.
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
As the president heads to the Middle East, America’s dominance over A.I. chips has become a powerful source of leverage for the president.
As the president heads to the Middle East, America’s dominance over A.I. chips has become a powerful source of leverage for the president.
European officials call food safety standards a “red line,” as Trump administration officials criticize rules that keep American beef and other meats off grocery shelves.
A small group of Republicans are threatening to torpedo President Trump’s agenda over the state and local tax deduction, long a headache for both parties.
The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.
The agreement President Trump announced Thursday still needs to be finalized, but the administration said the deal with one of America’s closest allies would be the first of many.
The agreement appeared to be more of a framework than a settled deal and eased some of President Trump’s tariffs on British goods while opening its markets.