Politic > World

Trump says US, China have reached deal; Sunday tariffs off

1 month ago   |   By Boston Herald

WASHINGTON - The Trump administration has dropped its plan to impose new tariffs on $160 billion of Chinese imports beginning Sunday under a modest interim deal that de-escalates a 17-month trade war between the world's two biggest economies.
As part of the agreement announced Friday, the administration is also reducing its existing import taxes on about $112 billion in Chinese goods from 15% to 7.5%.
In return, U.S. Trade Representative Robert Lighthizer told reporters, China agreed to buy $32 billion in U.S. farm products over two years. Beijing has also committed to ending a...
Read more ...

 


Search by Tags

   World      Technology      Economy      Food      Market      U.S.      Business      News      Tariffs  


Democrats hammer constitutional case for Trump's removal

Democrats hammer constitutional case for Trump's removal

House Democrats are launching phase two of their impeachment case on Thursday: the constitutional argument for why President Donald Trump should be removed from office. The... Read more ...

Barack And Michelle Obama's Portraits Are Going On Tour

Barack And Michelle Obama's Portraits Are Going On Tour

The National Portrait Gallery will bring the iconic portraits of the former president and first lady to five cities in 2021 and 2022. Read more ...

Senate impeachment trial: Live highlights and updates

Senate impeachment trial: Live highlights and updates

House Democrats will use their second day of opening arguments in President Donald Trump's impeachment trial to put forth the constitutional framework for why the president... Read more ...

Trump to make it harder for pregnant foreigners to visit U.S

Trump to make it harder for pregnant foreigners to visit U.S

The State Department released a rule Thursday that will make it harder for pregnant foreigners to travel to the U.S. in what the Trump administration says is an effort to crack... Read more ...

Marianne Williamson throws her support behind Yang in Iowa

Marianne Williamson throws her support behind Yang in Iowa

Spiritual guru and former presidential candidate Marianne Williamson said she would throw her backing behind Andrew Yang in the Iowa caucuses in a week and a half, though she... Read more ...

Trump Poised To Roll Back Decades Of Clean Water Protections With New Rule

Trump Poised To Roll Back Decades Of Clean Water Protections With New Rule

The new water rule, expected to be finalized this week, "will be the biggest loss of clean water protection the country has ever seen,” environmentalists warn. Read more ...

Air Tanker Battling Wildfires Crashes In Australia, Killing 3 U.S. Firefighters

Air Tanker Battling Wildfires Crashes In Australia, Killing 3 U.S. Firefighters

“Our hearts are with all those that are suffering what is the loss of three remarkable, well respected crew." Read more ...

Trump Suggests He's Open to Entitlement Cuts

Trump Suggests He's Open to Entitlement Cuts

Entitlement programs such as Social Security and Medicare could potentially get cut under President Trump, or so he suggested at the very end of a CNBC interview from Davos on... Read more ...

District Of Columbia Sues Inaugural Committee For 'Grossly Overpaying' At...

District Of Columbia Sues Inaugural Committee For 'Grossly Overpaying' At Trump Hotel

President Trump's inaugural committee spent more than a million dollars renting event space at the hotel in January 2017, a cost that D.C. Attorney General Karl Racine says is... Read more ...

Read Adam Schiff's opening argument at Senate impeachment trial

Read Adam Schiff's opening argument at Senate impeachment trial

Read House Intelligence Chairman Adam Schiff's opening argument at President Donald Trump's Senate impeachment trial below. You can also read the latest updates and analysis of... Read more ...