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U.S. Vice President JD Vance will travel to Rome and India from April 21 to 24, 2025. This trip marks his first visit to India, where he will meet Prime Minister Narendra Modi. Vance's itinerary includes meetings with Italian leaders and participation in Easter ceremonies at the Vatican.
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The U.S. Trade Representative has announced new fees for Chinese-built and owned ships docking at U.S. ports, effective October 2025. The fees aim to bolster the U.S. shipbuilding industry and address concerns over China's dominance in maritime trade. Critics warn these measures could raise costs for American consumers and disrupt supply chains.
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U.S. Treasury Secretary Bessent will meet with China's lead economic representative on Thursday, marking the first confirmed trade discussions since the imposition of tariffs by the Trump administration. The talks aim to address trade tensions and explore de-escalation strategies.
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Senior officials from the US and China met in Geneva on May 10, 2025, to discuss escalating trade tensions. The talks aim to de-escalate a trade war that has seen tariffs rise significantly, impacting global markets. US Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng are leading the discussions.
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President Trump has announced a new trade agreement with the UK, reducing tariffs on British cars while maintaining a 10% baseline tariff. The deal includes exemptions for certain products but raises questions about its overall impact and future trade relations, particularly with China.
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U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer will meet with Chinese representatives in London on June 9, 2025, to discuss the ongoing trade deal. President Trump expressed optimism about the meeting's outcome.
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After two days of negotiations in Geneva, the US and China announced a trade agreement aimed at reducing tariffs imposed during the ongoing trade war. Both sides expressed optimism about the outcome, which includes a mechanism for future discussions and a temporary suspension of additional tariffs.
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As of May 19, 2025, China's industrial production is slowing due to high tariffs imposed by the U.S. and retaliatory duties from Beijing. Retail sales growth has fallen short of expectations, and deflationary pressures are affecting consumer spending. The economic recovery remains uncertain amid ongoing trade tensions.
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On May 12, 2025, the US and China reached a temporary agreement to reduce tariffs on each other's goods for 90 days. The US will lower tariffs on Chinese imports from 145% to 30%, while China will cut its tariffs on US goods from 125% to 10%. This truce aims to ease escalating trade tensions.
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Japan's top tariff negotiator, Ryosei Akazawa, has engaged in multiple discussions with U.S. officials, including a recent call with President Trump. The talks focus on trade expansion and tariffs, with both sides aiming for a potential agreement ahead of the G7 summit next month.
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A U.S. Court of International Trade ruled that President Trump's tariffs on imports were imposed illegally, citing misuse of emergency powers. The ruling has been appealed, leaving businesses uncertain about future tariffs. Experts warn that the decision may not provide immediate relief to trading partners as negotiations continue amidst ongoing legal battles.
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President Trump has postponed the imposition of a proposed 50% tariff on EU imports, originally set for June 1, to July 9, 2025. This decision follows a call with European Commission President Ursula von der Leyen, who requested more time for trade negotiations. EU leaders express hope for a swift resolution to the ongoing trade tensions.
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The EU and US are ramping up trade negotiations amid rising tensions over tariffs. Following a recent agreement to fast-track discussions, both sides are preparing for potential countermeasures if talks fail. A July 9 deadline looms as the US threatens a 50% tariff on EU imports, prompting urgent dialogue.
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U.S. futures dipped while Asian markets showed mixed results amid ongoing trade negotiations between the U.S. and China. The S&P 500 fell 0.3% on Wednesday, influenced by tech stocks, particularly Apple. Investors remain cautious as inflation concerns persist, despite recent reports suggesting tariffs have not yet significantly impacted prices.
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As the July 8 deadline for President Trump's 'reciprocal' tariffs approaches, the US Trade Representative has urged trading partners to submit their best proposals. Negotiations are ongoing with several countries, including Vietnam and the UK, amid legal challenges to the tariffs.
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On June 4, 2025, EU trade negotiator Maroš Šefčovič and US Trade Representative Jamieson Greer met to discuss ongoing trade tensions. Despite efforts, a substantive agreement remains elusive due to deep-seated issues, including tariffs and trade deficits, particularly under President Trump's administration.
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UK Prime Minister Sir Keir Starmer anticipates the finalization of a trade deal with the US, aimed at reducing tariffs on British steel and cars. The agreement, initially reached last month, is crucial as a July 9 deadline looms, after which tariffs could increase significantly. Discussions continue at the G7 summit in Canada.
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On June 11, 2025, EU Trade Commissioner Sefcovic emphasized the need for China to address systemic trade issues, particularly regarding export controls on rare earth minerals. This comes amid rising tensions due to U.S. tariffs under President Trump, which have complicated EU-China relations.
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A Chinese delegation led by Vice Premier He Lifeng is meeting with U.S. officials in London today to continue trade negotiations. This follows a recent agreement to suspend tariffs for 90 days, amid ongoing tensions over technology and trade issues. The talks aim to address disputes over semiconductors and rare earth minerals.
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After two days of negotiations in London, US and Chinese officials have agreed on a framework to advance trade discussions, addressing tariffs and critical mineral exports. The deal awaits approval from Presidents Trump and Xi Jinping, aiming to restore trade relations following recent tensions over tariffs and export restrictions.
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US and Chinese officials are meeting in London to discuss trade issues following a temporary truce on tariffs. The talks aim to address ongoing disputes over technology and rare earth exports, which have escalated tensions between the two nations. Both sides are seeking to build on a preliminary agreement reached in Geneva last month.
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China has issued a stern warning against any trade agreements that may undermine its interests, particularly in light of ongoing negotiations between the US and other countries. The Ministry of Commerce emphasized the need for fairness and multilateralism in trade discussions, while also highlighting the importance of its economic ties with Australia.
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China has announced it will streamline export license approvals for rare earth minerals, aligning with recent US efforts to relax trade restrictions. The move follows diplomatic talks aimed at stabilizing supply chains and reducing trade tensions between China and the US, with broader implications for global industries reliant on these critical materials.