US and China to Discuss Tariff Deadline Extension in Stockholm Next Week

US and China to Discuss Tariff Deadline Extension in Stockholm Next Week

U.S. Treasury Secretary Scott Bessent announced that he will meet with his Chinese counterpart next week in Stockholm to discuss what is expected to be an extension of the August 12 deadline for reaching an agreement to prevent significant tariff increases. Bessent stated that trade relations with China are currently in a positive state, and […]

Trump Suggests 80% Tariff on China Ahead of Crucial Trade Talks

Trump Suggests 80% Tariff on China Ahead of Crucial Trade Talks

President Donald Trump stated on Friday that an 80% tariff on Chinese goods “seems right,” offering his first specific alternative to the 145% duties currently in place, just before high-level trade discussions set for the weekend. U.S. Treasury Secretary Scott Bessent and lead trade negotiator Jamieson Greer are scheduled to meet with China’s top economic […]